Latest Job Cut News
updated September 7, 2002

Sept. 3: IBM plans to cut 4,000 jobs from BIS because of the Price Waterhouse Consulting acquisition

Aug. 27: IBM cut 1,000 jobs overseas

Aug. 18: TheStreet.com: "Layoffs, what layoffs?" from the "Five Dumbest Things on Wall Street This Week"

Aug. 14: IBM Cuts over 15,000 jobs Not a press release, mind you - a discovery in a required financial report's fine print

July 1: IBM announces sale of Endicott NY to local investors; 2,000 employees are sold to a new company

June 27: 173 more jobs cut in IGS BIS

June 19: 160 Jobs cut in Yorktown Heights today ... Analyst Bob Djurdevic reports that IBM is reducing R&D staff by 10%: "Creeping Layoffs"

June 4: IBM cuts 1,500 jobs from MicroElectronics Division - 975 in Burlington VT; 100 in Endicott NY; others in Fishkill NY, Poughkeepsie NY, and San Jose CA. They actually admitted this one.

June 3: Hitachi deal goes through IBM will transfer 18,000 jobs world-wide to Hitachi

May 30, 2002:

We are hearing that the permanent layoffs in IGS will continue on a regular basis, targetting those "on the bench" (without assignments that bill a customer).

May 29, 2002:

Job cuts started in the IGS (IBM Global Services) division today. We have heard from employees cut in Raleigh, Endicott, Poughkeepsie, St. Louis, Minnesota, Florida, Charlotte NC, and San Jose. We have heard that possibly 100-140 jobs were lost n Raleigh today.

Part of IGS called the "East Delivery Center" which has about 1400 employees all over the country, lost 6% of their workforce, or approximately 84 people.

4 of 400 were let go from the Unix group in Poughkeepsie. 50 people cut in Rochester, MN.

We just heard that perhaps 100 were cut this afternoon in Endicott; apparently people were "being walked out the door left and right".

Some employees received e-mail from their manager today that their job was not affected by "today's resource action" (notice the word 'today'). Some are being told "you are not part of the first round" (now that's compassion).

Some employees in IGS in Endicott were called by their remote manager if their job was not cut; those asked to meet with a manager from another site were getting cut.

We expect the IGS job cuts to continue over a few days. The Alliance web site will be updated frequently as we hear more information and can confirm it.

What's up with the 30 to 60 days to "find a new job in IBM"?

One employee who was given 30 days to find another job called a manager in Sterling Forest about an opening. When asked "are you part of a resource action?", the employee answered yes, and the manager said he could not hire him.

May 23, 2002 - updated May 30

Total Server Group job cuts in the U.S. = 1009
This number includes:

Total Software Group job cuts in the U.S. = 700

The 207 Server Group employees will have the chance to apply for a limited number of jobs at other sites, Rochester MN and Poughkeepsie NY. We do know that 100 iSeries development employees will be competing for 25 jobs in Rochester.

RTP (Research Triangle Park, Raleigh) - various divisions - 250

Roughly 100-120 people were let go at the Silicon Valley Lab in San Jose, CA. Most of the positions were in the SWG.

40-50 jobs lost at Tivoli in Austin

Endicott - Accounts Payable - 18 jobs lost

Burlington VT - 4th level manager tells employees the plant is NOT sold

Tucson AZ - 150

San Jose - SSG (Storage Systems Group) - 475 cut

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May 18, 2002

Burlington, VT:

Governor Dean met with local IBM Executives on Thursday, but returned to his constituents without much information, other than to say he could not speak about anything that was IBM confidential, and that IBM would remain a presence in Burlington. No more specifics.

One employee in BTV was told by his manager that the IBM plant there was not being sold. However, a Boston securities firm reported that a sale was imminent. Read their story here.

RTP (Research Triangle Park, NC):

There have reportedly been weekly meetings with DBM (Drake Beam and Moran), the job out placement service provided by IBM at the RTP Education site building, for all those in the January layoffs that selected to have DBM services. This past Wednesday the weekly DBM networking meeting was moved to a new room because they just installed about 25+ more computer terminals for use of upcoming layoffs at RTP. The terminals are used for those employees that are terminated and decide to take advantage of DBM out-placement service and do not have home internet services to write resumes and do job searches etc.

It reportedly appears DBM hired a large number of DBM contractors to handle the upcoming work load during the layoffs. Since the RTP Education building already had a large number of computer terminals to handle the January RTP layoffs of about 400 to 500 employees, it appears they are gearing up for a much larger action very soon. Likely rumored to occur on or about May 23rd.

Server Group, iSeries:

The news has leaked out that approximately 85 Server Group employees who work on the iSeries will be offered the "opportunity" to interview for 25 jobs in Rochester, MN.

Endicott, NY:

The Country Club has been reserved for Wednesday and Thursday, May 22-23, presumably for Drake Beam Morin, the outplacement firm.

Feb. 6, 2002