
Hangary bears the brunt
Published: 23 October 2002 14:30 GMT
IBM has announced 2,800 job cuts and the closure of a hard disk manufacturing plant in Hungary.
The closure of the plant in Szekesfehervar will account for 2,100 redundancies - with 600 further cuts coming in its services division and 100 from elsewhere in its hard disk business.
The cuts represent less than one per cent of Big Blue's total workforce of around 320,000 - though this is the second major round of redundancies this year. Earlier in the year IBM laid off 15,000 workers.
An IBM spokeswoman told Reuters the closure in Hungary does not affect the company's deal to sell most of its hard drive assets to Hitachi, which is still on course to be finalised by the end of the year.
The 600 cuts in the services division is a result of IBM's purchase of ProcewaterhouseCooopers Consulting.
JOB TITLE: UK Sales Executive-Disk Encryption & Data Protection Sales SELLING: Disk Encryption and Data Protection SELLING TO: Enterprise and Mid ...
Key Responsibilities / Duties: Own the supporting and troubleshooting of hardware and software across Windows desktops and laptops (engaging with ...
My client is a leading provider of storage based solutions, advancing the role of hard disk drives beyond traditional computing environments to ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Natasha Lomas Exclusive: Jimmy Wales on what's next for Wikipedia Why Wikipedia needs geeks and why a life unplugged is unthinkable
Peter Cochrane Peter Cochrane's Blog: United breaks guitars? Customer service has changed forever