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Ibm Layoffs

'Where Did My Co-Worker Go?' Stealth Layoffs Become Widespread

'Where Did My Co-Worker Go?' Stealth Layoffs Become Widespread

Every week, there seems to be another major employer announcing mass layoffs. But equally prevalent, though less noticed, is the steady stream of employers who conduct "stealth layoffs" every couple of months -- methodically shedding smaller numbers of staff so quietly that often many employees in the firm aren't ...

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IBM's 'Transformation': More Layoffs, Despite Earnings Surge

IBM's 'Transformation': More Layoffs, Despite Earnings Surge

When a company reports strong end-of-the-year earnings, workers might expect some positive news -- maybe a bonus, even. But that's not what happened at IBM. On Wednesday, the same day the Armonk, N.Y.-based technology corporation announced its net income "surge" of 6 percent for the fourth quarter, reports ...

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