IBM cares not about loosing skills!
This collocation program has everyone, even managers, sweating in their boots. No one is out of harms way.
If you are single or able to move a young family it may be an adventure. But for those who have been loyal to the company, chose to work at home to save company rental space and work around the clock, its either uproot your family and move or you get the ax. So sad.
Many in my organization are highly skilled professionals who are seasoned and have proven success to get the job done in stellar fashion -- ahead of deadline and well under budget. This infrastructure is breaking fast. Estimates are that only 25% will stay on board in marketing.