Technology giant IBM has started
a restructuring process, which would see as many as 15,000 jobs being cut
globally, including India, Brazil and the European region.
"The estimate of jobs cut
globally is 15,000," international coordinator at the Alliance@IBM
(official IBM employees union) Lee Conrad told PTI.
Though the exact number of job
cuts in each of the geographies is not clear, the impact could be huge in India
as IBM has over one lakh employees in the country.
According to sources, over 50
employees at IBM's Systems Technology Group (STG) in Bangalore were handed pink
slips on February 12 as part of its global 'Resource Action' or restructuring
programme.
Last month, the US-based firm had
said its top executives will forego their bonuses and the company will initiate
a $1-billion restructuring programme in the first quarter of 2014 as it
grapples with declining sales of servers and storage systems.
IBM employs over 4 lakh people
worldwide.
"(There are) no number yet
on India job cuts. We do not have a clear number of employees by location
because IBM does not disclose that data," Mr Conrad said, adding that the
IBM Global Union Alliance will be meeting soon to discuss its respsonse.
When contacted, an IBM India
spokesperson said, "As reported in our recent earnings briefing, IBM continues
to rebalance its workforce to meet the changing requirements of its clients and
to pioneer new, high value segments of the IT industry."
"To that end, IBM is
positioning itself to lead in areas such as Cloud, Analytics and Cognitive
Computing and investing in these priority areas. For example, we have recently
committed $1 billion to our new Watson unit and $1.2 billion to expand our
Cloud footprint around the world," the spokesperson further said.
Source: HR.com
0 comments :
Post a Comment