It’s official. IBM has dropped 10% of its employee base worldwide, dropping 20,000 - 30,000 professional positions this last week.
One interesting tidbit I happen to know about:
IBM aquired Sequent computer systems; arguably making the worlds best servers available on the consumer market.
They integrated all of Sequents employees to IBM; did not grandfather their years of service (many 12 year employees) in terms of serverence pay or sabatticles. The last wave of all Sequent employees were dropped in this last thursday’s layoff, and the technology aquired from Sequent computer systems was shelved, as were all products relating to Sequent computer systems server technology.
IBM was subsidized in the neighborhood of 1 billion of your tax dollars to perform this social and economic terror, under the auspices of a recession from a plane crashing into the world trade centers.
-Justhink