IBM challenges rumors of massive layoffs

The technology company called a Forbes article reporting as many as 100,000 layoffs “ridiculous” and “baseless.”

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Robert Cringely wrote in a Thursday Forbes article that pending IBM layoffs were part of “Project Chrome,” which he called “the biggest reorganization in IBM history.”

IBM sent a statement to several media outlets, which said the numbers were inaccurate and the assertion “ridiculous.”

IBM does not comment on rumors, even ridiculous or baseless ones. If anyone had checked information readily available from our public earnings statements, or had simply asked us, they would know that IBM has already announced the company has just taken a $600 million charge for workforce rebalancing. This equates to several thousand people, a small fraction of what’s been reported.

Last year, IBM hired 45,000 people, and the company currently has about 15,000 job openings around the world for new skills in growth areas such as cloud, analytics, security, and social and mobile technologies. This is evidence that IBM continues to remix its skills to match where we see the best opportunities in the marketplace.

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