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IBM cuts 600 jobs in chip unit

Discussion in 'General Discussion' started by Julio Franco, Aug 18, 2003.

  1. Julio Franco TechSpot Editor Posts: 6,052   +121

    Amid continued sluggishness in its chipmaking business, IBM has cut more than 600 jobs, with most of the losses affecting at a plant in Vermont.

    About 500 of the jobs being eliminated are at a plant near Burlington, Vt., with the rest scattered among the company's other IBM Microelectronics facilities in the United States, the company said Monday. In addition, Big Blue is requiring a number of employees in its chipmaking unit, including top executives, to take a week of unpaid leave.

    Read more: CNet News.
    Julio Franco, Aug 18, 2003
    #1

  2. JSR Banned Posts: 730

    but, they'll boost their workforce

    in india to 10,000 by months end
    JSR, Aug 18, 2003
    #2
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