IBM slashes 2,800 jobs in North America; lay-offs likely in India
New Delhi: IBM, the world's largest computer services provider, has initiated a global restructuring plan by laying-off almost 2,800 employees in North America so far and more job cuts are in offing in other nations like India.The restructuring plan announced in April after releasing disappointing first-quarter results will cost IBM $1 billion worldwide, including severance expenses.Earlier this ...
