A Tale of Two IBMs

IBM cuts hundreds of jobs, sliver of 400K workers - Yahoo! Finance: "AN FRANCISCO (AP) -- IBM Corp. cut more than 1,500 jobs across a number of divisions Monday, a sliver of the technology company's nearly 400,000 workers worldwide.

IBM wouldn't comment. Documents submitted by laid-off workers to the Alliance(at)IBM, a labor union representing a small percentage of IBM employees, indicate that at least 1,518 jobs were cut. It's not known where the positions were located.

IBM, which is based in Armonk, N.Y., generally doesn't release details of its job cuts. The company's overall head count has grown over the last few years despite ongoing job cuts."

IBM to scale up India BPO operations; plans to hire 5,000- ITeS-Infotech-The Economic Times: "MUMBAI: Betting big on the India story, global IT giant IBM plans to scale up its BPO operations in the country and would hire 5,000 staff this
year.

'We plan to focus more in the services sector by opening more BPO centres in India. We would recruit at least 5,000 people to support this expansion,' IBM Poland's senior advisory consultant, Selby Mascarenhas, said in New Delhi.

IBM is bullish on the growth prospect of the services sector in the domestic economy, which ranges from software- related services to looking after the HR aspects of some core manufacturing companies, Mascarenhas said.

The IT major has decided to scale up its outsourcing operations in India at a time when many global companies, hit by the financial turmoil, have downsized their outsourcing contracts."