The biggest corporate lay-off in history is expected within days: IBM believed to be scrapping 110,000 of its 430,000 workforce around the world
‘Thousands of British jobs are at risk as technology giant IBM is reported to be preparing to cut a quarter of its workforce in the biggest corporate staff cull in history.
More than 110,000 jobs could disappear worldwide in a major restructuring at the once-dominant computing goliath – nicknamed ‘Big Blue’.
Some 20,000 are employed by the company in the UK across 24 offices, including sites in Portsmouth, London, Manchester and Edinburgh.’
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