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IBM to Cut U.S. Jobs, Expand in India

Mar 26, 2009, 15:02 (3 Talkback[s])
(Other stories by William L. Bulkeley)

"The latest round of cuts target the company's global business-services unit, which does everything from running corporate data centers to managing human resources for clients like Procter & Gamble.

"Some of the jobs are being eliminated because customers have ended contracts or the company has automated tasks. But employees say in many cases, they have been training IBM workers from India to do work that will now be moved overseas.

"An IBM spokesman declined to comment. The company has said it expects to spend about $300 million to $400 million on severance-related charges this year, with most of it in the first half."

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