IBM planning to lay off 5000 staff in India

Posted on 28th Jan 2015 | 1048 views

5 avg. rating (100% score) - 1 votes

For employees of IBM India, once considered the jewel in the crown of Big Blue, the coming weeks are expected to bring yet more layoffs.

IBM planning to lay off 5000 staff in India

IBM India employees looking for new jobs and some of them shift their careers from IT services industry to online retailing firms, engineering or telecommunication companies. IBM India is having nearly 1.65 lakh employees on its payroll in 2011, IBM's India headcount is expected to slide to one lakh by March this year. Globally IBM and its units had 4.33 lakh employees at the end of 2011 compared to an estimated 4.3 lakh now, suggesting that the layoffs have been particularly severe in India.

0 Comments on IBM planning to lay off 5000 staff in India

Comment as a guest:

POPULAR POSTS

What is Appointment letter Format?

26th Jun 2018

Top 10 facts why you need a cover letter?

08th Jun 2018

Are you looking for a job in Event Management?

28th May 2018

Pharmaceutical job opportunities on rise in Gulf

23rd May 2018

MNC Vs Startup: Are you Confused to Choose between?

09th Aug 2017

Perspectives of Unemployment in India

01st Jul 2013

Have your Say!

View All

How consistently does your organization reward you for good work?


Very difficult

Reasonably consistently

Not at all consistently

Vote

Press Corner

View All

All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status