Sunday, February 01, 2009

IBM Chief Knighted, Fires Thousands Of Employees

While receiving knighthood from England

http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/09/07/BU225709.DTL
IBM chief executive Louis Gerstner was awarded an honorary knighthood at the British Embassy in Washington, D.C., last night for his role in expanding business opportunities over the Internet, the company said.

Louis Gerstner quietly lays off thousands of employees.

http://news.cnet.com/8301-1001_3-10149661-92.html
IBM has been quietly laying off workers in its North American offices since Wednesday, according to numerous reports online. ... So far, more than 2,800 employees have been laid off from IBM's software, and sales and distribution divisions, according to Alliance@IBM, a Communications Workers of America affiliate attempting to organize IBM workers into a union.

http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9126878&intsrc=hm_list
IBM's not-so-secret layoffs may have reached 4,200 today ...

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