IBM layoffs strike
first in India; workers describe cuts as 'slaughter' and 'massive'
People broke down after
seeing the inhuman treatment. Laptops along with the cases were
confiscated, so several employees were seen crying and exiting building
carrying and balancing their personal belongings with their two
hands."
·
"IBM STG INDIA is doing RA and it
is very deep and numbers are huge."
"Just heard from a
colleague in Bangalore that job cuts there have begun. Workers asked to
leave on the spot. He claims 6 out of 23 people in his
department."
IBM's latest $1 billion
"rebalancing," as described
by its CFO last month, is underway. And the first country hit is India,
based on reports from Blue Blue workers there on Tuesday. The so-called
"Resource Action" struck in the country where IBM reportedly employs
its greatest number of workers.
One employee describes
the layoff process as a "slaughter."
The business unit hit
is the Systems Technology Group - IBM's troubled hardware group which is selling
its low-end x86 server business to Lenovo for $2.3 billion.
·
Workers were given little notice. Reads
one note just sent to the union seeking to represent IBM workers:
"Job cuts in India
STG. .Announced today including managers.Asked to return laptops with in 2
hrs and leave premises."
Other notes as cited
below were much more detailed. All reflect sudden notices - and quick
departures, with many reportedly being quite emotional.
One analyst has
estimated that IBM will cut 13,000-15,000 of its more than 434,000 workers
worldwide.
In India only it will
affect more than 6000 peoples.
A similar action in
2013 led to some 3,500 job cuts in North America alone, with several hundred
hitting IBM's North Carolina work force.
"Slaughter
House"
·
"STG Bangalore literally turned
into a slaughter house today.
·
"Several employees were called to a
meeting and RA'd.
·
"Their TPs were confiscated
and they were asked to vacate premises immediately.
·
"Severance package was on an
average 3 months basic component of salary, which is like 6 weeks full
pay.
·
"RA per department as on today
·
SRDC 40%
·
Processors 15%
·
SRAM 80%
·
SSE Just began, final numbers not
available
·
"RAs expected to last till friday.
"The fear is that
HCM might be wiped off totally in a day or two. EDA and methodology
numbers not yet available"
"People broke down
after seeing the inhuman treatment.
"Laptops
along with the cases were confiscated, so several employees were seen
crying and exiting building carrying and balancing their personal
belongings
with their two hands"
with their two hands"
Two posts at the
Alliance website also referenced layoffs at Bangalore, which is known as
India's "Silicon Valley."
IBM employs more than
100,000 people across India, according to India media reports. IBM no longer
discloses employee numbers by location.
"RAs Started in
Bangalore"
Three other posts give
insight into what's happening in Bangalore:
"IBM today had a
massive layoff in STG bangalore more than 40% staff was let go off in a
single day. Be it PBC 1 or 2 doesnot matter you are just asked to leave IBM
premises by immediate effect. I fail to understand how joB cut will help
management to achieve 20 EPS. The upper executives lack vision and clarity
to restructure business process. Good bye to ibm hopefully will be in
better place than ibm."
(Note: PBC refers to
personal evaluations. EPS references IBM's target of delivering $20 per share
in earnings by 2015.)
"RAs started in
STG Bangalore, hearing that large numbers impacted. Will keep you posted on the
details as i get them. the job market is reasonably good outside and the
average experience here is about 6-7 years.people are not too worried. most
were anyway sick of the company and its junk policies. -Bangalore RAs
started-"
Sony Also said that
they will cut off 5000 employees from worldwide and they are decided to stop
producing Laptops, and trying to sell its Laptop area.
We reached out to IBM
India spokesperson on this development but she refused to comment on the
development right now. But some of the sources privy to the development
confirmed that layoffs in sizeable scale have happened.
Reports suggest that
the whole downsizing was called as ‘Project Apollo'. Unconfirmed reports
suggest that IBM globally is expected to cut around 13,000 employees globally....and its started in india...
Again
A Big Job Problem In India
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