From Belgium: 116 forced dismissals. 117 employees that are not involuntary dismissed : Bridge to retirement (management target) : 75. Voluntary leave (management target) : 20. Other voluntary agreements or outsourcing (management target) : 15. 5 jobs taken out of target.
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Well, BIG BLUE is at it again, another round of senseless layoffs.. Thursday, September 2, 2016.. no statement of direction on how Ginni or the top brass will save the company... those left will be over worked, over burdened and left to be the ones to eventually turn out the lights.. of course the Top Brass will have their golden parachutes, bonuses and matching 401k, unlike those of us who are permanently laid off on December 1, 2016... just 14 days before they would have had to pay us our annual match...congratulations Ginni and team of financial wizards! Another few bucks saved while Armonk still burns!