IBM rumored to lay off 150,000 by year-end

Special News Alert NETWORK WORLD SPECIAL NEWS ALERT, 05/07/07 IBM rumored to lay off 150,000 by year-end By Jon Brodkin A report by Robert Cringely on the PBS Web site says IBM is planning to lay off 150,000 U.S. workers by the end of this calendar year. An IBM project called LEAN resulted in 1,300 layoffs last week, but that was just a prelude to massive job cuts to happen this year at IBM Global Services, Cringely reports. For more on this developing story, please click here.

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