About Me

My photo
This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.

Thursday, February 13, 2014

"Slaughter House": First Person Accounts Of How IBM Just Fired Thousands Of Workers Across India -- By Tyler Durden, Zero Hedge

IBM layoffs  A week ago, the Dell dude warned that it's going to be a layoff "bloodbath" as the recently LBO-ed firm began firing 15,000. Now it's IBM's turn.

According to WRAL Tech Wire, the company which has underperformed Wall Street's expectations for many quarters, has begun "cost-rationalizing" terminations in India - the country that hosts some 100,000 of IBM's employees and where IBM reportedly employs the greatest number of workers. The unit targeted is the Systems Technology Group which is the troubled hardware group selling its low-end x86 server business to Lenovo for $2.3 billion and where Big Blue's executives have launched "Resource Action", also known as "rebalancing" but best known as mass, across the board terminations where by some estimates up to 13,000 of IBM's 434,000 workers are set to be let go.

As WRAL reports, Lee Conrad, head of union efforts to unionize IBMers, has received emails from workers as well as a reporter in India. The "RA" is expected to hit IBMers in North America as early as Feb. 19, based on internal speculation. In other words, look for a notice that IBM is laying off thousands in the US in the coming days.

"Still waiting here in the U.S." Conrad wrote.

But for now, quietly and under the radar, India is getting the pink slip Friendo treatment. And if the handling of IBM's Indian workers is any indication of what the company's US-based employees can expect, it ain't much:

Below are various scribbled or detailed notes sent out by IBM's workers upon learning they have just been made redundant. All reflect sudden notices - and quick departures, with many reportedly being quite emotional.

"Slaughter House"

"Job cuts in India STG. Announced today including managers.Asked to return laptops with in 2 hrs and leave premises."

"STG Bangalore literally turned into a slaughter house today.

"Several employees were called to a meeting and RA'd.

"Their TPs were confiscated and they were asked to vacate premises immediately.

(Click link below to read more)
READ MORE Sphere: Related Content

No comments:

Post a Comment