IBM to Cut 1,300 Service-based Jobs

IBM has given pink slips to approximately 1,300 workers in its services division. The cuts are aimed at getting costs under control in the United States. The cuts mean a reduction of less than a half a percent of its total worldwide workforce. Laid off employees have an opportunity to apply for jobs within IBM which they may be qualified for before their positions are officially terminated.

The Armonk, New York based company has made no public announcement of the layoffs: word of the cuts first appeared in the Wall Street Journal on Wednesday through sources from IBM's union "The Alliance at IBM." IBM's general policy is to not announce layoffs, says the paper.