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Websphere News Desk IBM to Move 5,000 U.S. Jobs to India: AP
Represents 4% of IBM's U.S. workforce of roughly 115,000 people
By: Maureen O'Gara
Mar. 26, 2009 06:45 PM
IBM is reportedly transferring U.S. jobs in its global services unit to India. The Wall Street Journal said Wednesday morning that the company was expected to tell what the paper could only call "a large number" of American workers that their jobs were either being eliminated or sent to India.
IBM@Alliance suggests the layoffs will come down Thursday. IBM's earnings were up 12% to $4.42 billion last quarter; it's forecast no strain this year because of the economic slowdown; and it's supposedly in talks to acquire Sun for billions of dollars. Recently IBM reportedly laid off around 4,600 people. It's also unclear whether IBM might be a bidder for the disgraced Indian outsourcer, Satyam. The Journal says Global Services has 180,000 people worldwide.
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The AP waded in hours later and said 5,000 would be cut, representing 4% of IBM's U.S. workforce of roughly 115,000 people.
