IBM looks to cut 1,400 jobs
Technology company IBM is mulling up to 1,400 job cuts in France over the next two years, three trade-union representatives told Reuters on Thursday.
IBM, a bellwether for the IT industry, is in the midst of a drive to boost profits by 2015 against an uncertain global economic backdrop.
Local management has yet to officially outline whether there will be a formal job-cuts plan approved by U.S. headquarters, the union representatives said, but said the numbers had already been communicated.
“Management is set to present a plan to cut between 1,200 and 1,400 staff over the next two years,” said Pierry Poquet, secretary general of the UNSA union, who said a meeting was planned for April 25.
“For now it is only a target…we’ve heard such announcements before but they don’t always come to pass.”
The CFE-CGC union’s representative, Evelyne Heurtaux, confirmed the figures. “We’ve been told a figure of around 1,300 jobs cut over two years,” she said.
IBM currently employs around 8,000 people in France, Heurtaux said.
An IBM spokeswoman could not be reached for comment.
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