Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
IBM planning reduction of workforce and restructuring actions
Posted on 5-May-2005 15:17 | Tags Filed under: News



Computer and services company IBM has announced plans to implement a series of restructuring actions designed to improve the company's efficiencies, strengthen its client-facing operations and capture opportunities in high-growth markets.

According to information provided by the company, the actions will accelerate progress toward more globally integrated operations, while addressing profitability in slower-growth regions, primarily in Europe. These actions will also allow IBM to shift resources to higher-growth markets and opportunities such as Business Performance Transformation Services.

As a result, IBM estimates that it will record a pre-tax charge of between US$1.3 billion and US$1.7 billion in the second quarter. The company expects to realize benefits starting in the second half of the year.

The company will work to reduce bureaucracy and infrastructure in lower-growth countries and creating teams that can work across country borders, shifting more employees into direct client roles that support the company's plans to deliver higher-value services and products. IBM plans to create a number of smaller, more flexible local operating units in Europe to increase direct client contact.

On a worldwide basis, IBM plans to improve the efficiency of its services operations by consolidating much of the service delivery workload into fewer locations by using standard job roles, processes and tools.

IBM's restructuring actions include voluntary and involuntary workforce reductions of between 10,000 and 13,000 employees worldwide. The majority of the overall workforce reductions are planned for Europe, and the company has initiated discussions of these changes with local consultation bodies.





comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

IPv6 beta for Bigpipe
Created by JoshBigpipe, last reply by mdooher on 29-Mar-2017 22:05 (98 replies)
Pages... 5 6 7


New fibre speed boost only get half speed
Created by Jekkyl, last reply by Jase2985 on 29-Mar-2017 19:22 (55 replies)
Pages... 2 3 4


The President Of The USA: Donald Trump
Created by TimA, last reply by kingdragonfly on 29-Mar-2017 18:57 (3693 replies)
Pages... 245 246 247


Dell laptops shipping with 10/100 ethernet adapters -Am I being ripped off?
Created by Fishfingers, last reply by networkn on 27-Mar-2017 17:54 (50 replies)
Pages... 2 3 4


USB sticks for backup (Sandisk Extremes).
Created by rayonline, last reply by MadEngineer on 29-Mar-2017 19:51 (21 replies)
Pages... 2


Cost of preparing wills
Created by Wazza69, last reply by dafman on 29-Mar-2017 23:20 (41 replies)
Pages... 2 3


TiVo Service ending on 31 October 2017
Created by Riggleby, last reply by old3eyes on 28-Mar-2017 11:15 (566 replies)
Pages... 36 37 38


Dishwasher Recommendations Please
Created by tdgeek, last reply by mattwnz on 30-Mar-2017 00:33 (38 replies)
Pages... 2 3