Massive Worldwide Layoff Underway At IBM
By Tekla Perry
Posted 3 Feb 2015 | 17:00 GMT
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Project Chrome, a massive layoff that IBM is pretending is not a massive layoff, is underway. First reported by Robert X. Cringely (a pen name) in Forbes, about 26 percent of the company’s global workforce is being shown the door. At more than 100,000 people, that makes it the largest mass layoff at any U.S. corporation in at least 20 years. Cringely wrote that notices have started going out, and most of the hundred-thousand-plus will likely be gone by the end of February.
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Most interesting is the lack of any comment by the political class in the “District of Corruption”, the various bureaucrats at EOE, FTC, SEC, or Labor, the “State” politicians, or the Big Media.
Wonder if this will show up on the radar of the phone DoL “unemployment numbers”.
I would point out about three years ago there was an IBM-er who said that in a few years IBM would reduce its US employment by 75%. I’m trying to find a source for that. I remember it because it was a topic of conversation with my “old friend”. He got the 3 treatment, but didn’t sue.
AS I have always ranted, the days of “personnel”, as opposed to “Human Resources”, is long over.
Will this give rise to the White Collar Union movement? If I was the AFL-CIO, then I’d be organizing.
It’s really time to move a contract workforce meme. Workers need protection form arbitrary “Resource Actions”.
In a truly “free market”, the Crony Capitalists have to compete for labor.
Clearly, anecdotally, it appears to be anti-US worker, anti-woman, and anti-age.
We’ll see if there is any reaction.
If I had a contract for service from IBM, then I’d be very afraid. Clearly, where is the work going to be done.
And BTW congrats to IBM for great optics for paying bonus and giving raises to the Executives while destroying people’s lives.
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