http://spectrum.ieee.org/view-from-the-valley/at-work/tech-careers/massive-worldwide-layoff-underway-at-ibmApparently, 26% of their global workforce.
IBM doesn't want to call them layoffs - instead, they're "Resource Actions [RAs]". According to the article that can include employees suddenly getting poor performance reviews so they get laid off, fired for cause and/or get reduced severance packages.
Regards. Al
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