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IBM planning jobs 'bloodbath' as 110,000 employees to go, claims respected journalist

John E Dunn | Jan. 28, 2015
Big Blue to surpass historic 1993 cuts, says IBM critic.

At the time the 1993 cuts were seen as a disaster for the US but also a sign that the IBM model of selling technology was out of time. Another view is that many talented engineers were set free from their desks and suits and quickly hired by a range of Silicon Valley startups in networking and telecoms. The Internet is the way it is today partly because of that talent influx.

 

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