Less than half the 25,000 job cuts planned by IBM Corp will be made in its operations in Europe, Middle East and Africa, a spokesman for IBM Europe told Reuter: a spokesman for IBM France said it had already earmarked 1,500 job cuts for 1993 through voluntary redundancies, but did not rule out further measures […]
Less than half the 25,000 job cuts planned by IBM Corp will be made in its operations in Europe, Middle East and Africa, a spokesman for IBM Europe told Reuter: a spokesman for IBM France said it had already earmarked 1,500 job cuts for 1993 through voluntary redundancies, but did not rule out further measures if the market deteriorated; IBM France currently employs about 18,000 people; Italy will lose about 750 or 6%, as will other southern Europe countries; the UK is expected to lose 1,000 or 7%.
