IBM And Its Workers: A War Of Silence Vs. Loquaciousness

IBM (NYSE: IBM) will fire or is firing 5,000 US workers. The press has several reports describing how the functions of these people will be replaced. Workers in India will probably end up doing much of the work now being handled by the departing IBM employees.

The IBM reaction to the reports is that it has no reaction. When 24/7 Wall St contacted the big tech operation, it was told that the layoff issue and reaction to it could not be discussed. Although IBM will not say, its position is likely to be that it has no obligation to talk about who it hires or fires, where the people are hired or fired, and when the process goes on. As long as the number of employees involved is below the level that the SEC would deem as being “material”, IBM has every right to be mute.

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