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Okay, Where Are Those IBM Layoffs?

Okay, Where Are Those IBM Layoffs?

IBM insiders are still expecting those big layoffs we predicted were on the way before Christmas (CSN No 481). They were supposed to be announced on Monday theoretically after the market closed – and IBM had reportedly embargoed any press releases from going out on Tuesday – but all that popped out was the news it was outsourcing more manufacturing to Sanmina-SCI, an interesting little piece but hardly worthy of a news blackout. So since IBM is scheduled to post its quarter on January 16, the thinking now goes that it has moved the layoffs announcement closer to Thursday to cushion what may be not-as-good news as the Street expects. And since IBM Global Services is supposed to take the brunt of the hit, there’s some talk it’s to compensate for its PricewaterhouseCoopers acquisition.

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More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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