IBM Australia revenue drops $400 million

A declining trend in the company’s headcount also continued. In May last year, CRN reported the A/NZ

entity employed 5980 employees in 2016, which was down by 1803 staff from prior year’s 7783. In its

2017 report, IBM A/NZ reported employing 4913 staff, indicating a decrease of some 1000 staff from

the year before.

IBM A/NZ paid $18.1 million in termination benefits in 2017, down from $49 million paid across the

group in 2016.

Methinks the A/NZ folks should be preparing for even more deeper RA's with this news.

https://www.crn.com.au/news/ibm-australia-revenue-drops-400-million-489492

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one problem with them is just like a reversi white/black game, if you get 1 in, the whole will be slowly change into black. They have a culture habit of bringing their people from India which lot of reason given even the skill doesn't mater the job scope.

we already know - but because govt supports export jobs just like the US does its hard to move out dunno how many 475 visa have been "sold" but everywhere i go its Indiansmust be 100k easy and Aus is a small country compared to US

Thread regarding IBM layoffs

IBM Australia revenue drops $400 million

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