IBM refuses to comment on job cuts in the region

Lay-offs have been happening world wide over the past few weeks and more expected

Tags: IBM Middle EastUnited Arab Emirates
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IBM refuses to comment on job cuts in the region Virginia M. Rometty, Chairman, President and Chief Executive Officer of IBM
By  ITP.net Staff Writer Published  March 5, 2014

IBM has declined to comment on how the recent sale of its server business will affect jobs in the Middle East.

There have been significant staff cuts made throughout India, Australia, Canada and the US but in the official statement from IBM, there is no mention of lay-offs in this region.

 "As reported in our recent earnings announcement, IBM continues to re-balance its workforce to meet the changing requirements of its clients, and to pioneer new, high value segments of the IT industry.  To that end, IBM is positioning itself to lead in areas such as Cloud, Analytics and Cognitive Computing.  IBM is investing in these priority areas.  For example, we have recently committed $1 billion to our new Watson unit and $1.2 billion to expand our Cloud footprint around the world.

IBM has done business in the Middle East for over 60 years, and we look forward to continuing to help our clients in the Middle East innovate and grow."

Alliance@IBM, the official site for a group seeking to organise an IBM employee Union in the US, said last week: "Job cuts have been happening worldwide over the past 2 weeks." Its site also has a dedicated job cuts report page to keep employees up to date and allow them to share their experiences.

According to IBM's website, the company currently employs over 400,000 people worldwide and analysts expect 13,000-15,000 of those to lose their jobs in the coming months.

IBM officially announced the sale to Lenovo group in January, which will enable IBM to focus on its decade-long shift to more profitable software and services.

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