IBM cutting 5,000 jobs in US, shifting them to India

March 27th, 2009 TORONTO - IBM Canada, which has 19,600 employees on its rolls, announced Thursday that it is axing a number of jobs to contain costs. The US software giant, which is reportedly in the process of laying off 5,000 staff in America and transferring a lot of them to India, said the Canadian cuts will affect the staff from customer care positions to executives.

March 26th, 2009 NEW YORK - US computer firm IBM plans to lay off 5,000 workers in its service area in the US, and outsource the majority of them to India, the US business daily Wall Street Journal reported Thursday, citing an insider. At year's end IBM employed around 400,000 people worldwide, with the Wall Street Journal reporting that the company had laid off around 4,600 workers in areas of software, sales and semiconductors at the start of the 2009.

January 21st, 2009 NEW YORK - Software giant Microsoft announced Thursday plans to slash up to 5,000 jobs as the company faces the effects of the world economic crisis. It would be the first job reductions ever in the company's history.

July 29th, 2009 LONDON - A decision to recruit at least 100 Indian workers, if not more, to fill finance and IT posts at the British Council in New Delhi and other parts of India has infuriated unions, who fear that this could be the blueprint for Whitehall. Final decisions about which jobs will go to India will be taken in the next few weeks, but they are expected to include 58 finance posts, up to 40 IT posts and 15 posts for a new centre of excellence, The Times reports.

April 14th, 2009 MELBOURNE - IBM worldwide has begun cost cuts in order to battle the effects of the global financial crisis and will scrap office amenities such as tea and coffee, and even company-funded home internet access. From May 1, IBM will cease to reimburse Internet access for staff working from home.

May 7th, 2009 BANGALORE - Undaunted by US President Barack Obama's Bangalore-Buffalo remark and proposal to extend tax benefits to those creating job opportunities to Americans, experts in the Indian IT industry said the comments had nothing to do with outsourcing or with India. It is an instance of Obama's views being misinterpreted, said Som Mittal, President of Nasscom, while speaking to media persons here on Wednesday.

September 22nd, 2009 Whitman formally begins bid for Calif. governorSACRAMENTO, Calif.

May 5th, 2009 BANGALORE - US President Barack Obama's announcement to end tax sops to those US firms outsourcing jobs to countries like India has come under flak from Phil Harkins, a leading US management expert and chief executive of Linkage Inc, a global firm specialising in leadership development 'What Obama is doing is just politics. It's the arrogance of the US to think creating jobs overseas will result in job losses back home.

April 28th, 2009 HYDERABAD - Despite the economic slowdown, Wipro BPO, the business process outsourcing division of IT giant Wipro Technologies, is hiring personnel and expanding its operations globally, a top official said here Tuesday.'For the last six months, we have been hearing depressing news about people losing jobs and companies resorting to cost-cutting measures but we are still looking for people,' Wipro BPO head Ashutosh Vaidya told reporters. The company plans to expand its BPO facility in Hyderabad by recruiting 1,000 to 1,200 people over the next six to eight months, he said.

May 5th, 2009 Microsoft moves forward on plan to lay off 5,000 SEATTLE — Microsoft Corp. said Tuesday it is pulling the trigger on thousands of the 5,000 job cuts it announced earlier this year.

July 21st, 2009 US chip maker Intel cutting 300 jobs in IrelandDUBLIN — One of Ireland's largest employers, computer chip maker Intel Corp., announced Tuesday it plans to lay off 294 people — or 6 percent of its Irish work force — in the latest blow to Ireland's unraveling economy. Intel, which employs nearly 5,000 people chiefly in the west Dublin commuter town of Leixlip, said it had no choice but to trim its Ireland operations because of lower-than-expected demand for its new generation of computer microprocessors.

February 20th, 2009 NEW DELHI - An estimated 500,000 jobs were lost in India from September to December last year in areas like textiles, automobiles and information technology, and the actual numbers across the country could be higher, parliament was informed Friday. Quoting a study by the labour ministry, Corporate Affairs Minister told the Lok Sabha, the lower house, that total employment in the areas covered fell from 16.2 million in September to 15.7 million in December.

September 10th, 2009 SAN FRANCISCO - The Apple chief executive Steve Jobs, making his first public appearance since his return to work in June after six months' medical leave, has admitted of a liver transplant. Jobs admitted this on the sidelines of a press conference San Francisco, where he was announcing a new iPod nano.

January 14th, 2009 SAN FRANCISCO - Apple's iconic founder and chief executive Steve Jobs said Wednesday that he was taking medical leave from the company, leaving Chief Operating Officer Tim Cook in charge. Jobs, who battled pancreatic cancer in 2004, announced the movie in an email to all Apple employees just a week after he blamed a hormonal imbalance for his gaunt appearance in recent months.

May 5th, 2009 NEW DELHI - India Inc believes the move by the Barack Obama administration to reduce tax breaks for US firms that ship jobs overseas will hit American companies more than impact on the Indian outsourcing industry. 'It's a more US-US issue rather than one aimed at stopping outsourcing, or off-shoring, or anything to do with India,' said Som Mittal, president of the National Association of Software and Service Companies (Nasscom), a representative boddy for the industry.