IBM May Cut 8,000 Jobs - - Tulsa, OK - News, Weather, Video and Sports - |

IBM May Cut 8,000 Jobs

NEW YORK (AP) _ IBM reportedly is about to cut its work force by about 2 1/2 percent.

The Wall Street Journal cites a knowledgeable source as saying the computer maker will eliminate up to 8,000 jobs in the current quarter.

It would be Big Blue's largest personnel reduction since the early 1990's.

The Journal says the move is a further sign that IBM is less able to withstand the current slowdown in technology spending than it had once appeared.

An IBM spokesman declined to comment on the Journal's story.
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103 is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2018 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.