IBM cutting another 1,500 positions (AP) Comments

Yahoo! News: Technology News - May 30, '07 10:23am
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A view of IBM headquarters at la Defense in Paris, May 6, 2005. Investors reacted coolly on Thursday to IBM plans to eliminate up to 13,000 jobs, sending shares down 2 percent as the cost-cutting move underscored concerns of slow growth at the world's largest computer maker. IBM (Philippe Wojazer ABP/TC/Reuters)AP - IBM Corp. laid off 1,570 people Wednesday, primarily from an ongoing overhaul of operations in its giant technology services unit.


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