IBM to shed up to 1,400 jobs in France by end 2014

Apr 18, 2013
People speaks in front of IBM screen on November 14, 2012 in Paris. Computing giant IBM is to next week present a plan to slash between 1,200 and 1,400 jobs in France over the next two years, union leaders said on Thursday.

Computing giant IBM is to next week present a plan to slash between 1,200 and 1,400 jobs in France over the next two years, union leaders said on Thursday.

"Management wants to cut between 1,200 and 1,400 direct over two years," equivalent to 14 percent of IBM's 9,700-strong French , Gerard Chameau, a representative for the CFDT union, told AFP.

The plan is due to be outlined to employees at a meeting on April 24, both Chameau and IBM's main Unsa union confirmed.

If the are made gradually over this year and next, a voluntary redundancy plan could replace compulsory cuts, said a third union, the CFE-CGC.

The company's management was not immediately available for comment.

Explore further: WellPoint 2Q tops Wall Street expectations

add to favorites email to friend print save as pdf

Related Stories

IBM to shift 'large number' of US jobs to India

Mar 25, 2009

Computer giant IBM plans to cut a "large number" of US employees in its business services unit and transfer their duties to India, the Wall Street Journal reported on Wednesday.

EU accepts IBM concessions in antitrust probe

Dec 14, 2011

(AP) -- The European Union's competition watchdog says it has accepted concessions made by IBM to make it easier for rivals to perform maintenance on its mainframe computers and is closing its investigation of the company.

Nokia Siemens axes services unit, 1,000 jobs at risk

Dec 05, 2012

Nokia Siemens Networks, a joint venture between Finnish and German engineering giants Nokia and Siemens, said Wednesday it is shutting down one of its German units with the potential loss of 1,000 jobs.

Nurses at dozens of Calif. hospitals strike

Sep 22, 2011

(AP) -- Nurses began picketing Thursday morning outside dozens of Northern and Central California hospitals as part of a one-day strike over benefit cuts and other concessions sought by hospital management.

NY Times, union agree to new contract

Nov 14, 2012

Union members at The New York Times approved a new contract through 2016 which offers modest raises and a revamped pension, ending a deadlock of more than a year and a half.

Recommended for you

Android grabs 85% of smartphone market: survey

2 hours ago

Smartphones powered by the Android operating system captured 85 percent of the worldwide market in the second quarter, threatening to marginalize rival platforms, a new survey shows.

Chinese man brings gay conversion therapy lawsuit

7 hours ago

(AP)—A gay Chinese man said Thursday he was suing a psychological clinic for carrying out electric shocks intended to turn him straight, as well as the search engine giant Baidu for advertising the center.

Alcatel loss narrows in 2Q but revenue stagnates

8 hours ago

(AP)—Telecommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges mounted.

User comments : 0