Friday, February 28, 2014

IBM laying off up to 25 percent of 'hardware' division | Business Tech - CNET News

IBM laying off up to 25 percent of 'hardware' division | Business Tech - CNET News: "IBM has confirmed that it's laying off a portion of its workforce in order to focus on new priority areas, like the cloud, analytics, and cognitive computing. This means certain divisions of the company must see cuts.
"As reported in our recent earnings briefing, IBM continues to rebalance its workforce to meet the changing requirements of its clients, and to pioneer new, high value segments of the IT industry," IBM spokesman Doug Shelton told CNET in a statement. "To that end, IBM is positioning itself to lead in areas such as cloud, analytics and cognitive computing, and investing in these priority areas.""



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