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"IBM announced layoffs for the first time in 10 years"
ROFLMAO. I have friends that used to work at IBM in Raleigh (the last is now in the process of leaving for another job). They have some type of layoff several times a year. They frequently call them by creative names like "workforce reallocation" but at the end of the day someone is out of a job.
None of this tells me what happened to the Greenville operations though. Did they relocate? Did everybody get laid off? How many job were lost if any? Why is there no news story on this?
"IBM announced layoffs for the first time in 10 years"
ROFLMAO. I have friends that used to work at IBM in Raleigh (the last is now in the process of leaving for another job). They have some type of layoff several times a year. They frequently call them by creative names like "workforce reallocation" but at the end of the day someone is out of a job.
I left IBM at RTP 4 years ago. There were layoffs once or twice a year, and they continued after I was gone. Maybe they meant layoffs of top executives. "Top executives gave up annual bonuses, and IBM announced layoffs for the first time in 10 years."
The IBM operations out of that building were bought by another company, unfortunately I don't recall the name. I know people who work there, and no one has been let go. That happened about 1-2 months ago. Not sure if the company that bought it just wants to rent out the rest of the space or what.
IBM has left the building but not Greenville. Part of the IBM employee base here was from a company they acquired years ago. IBM sold this piece of their business to Synnex Corporation in Q4 of 2013, so these employees are now Synnex employees (and, for now, staying put in the building). Synnex buys IBM's customer care BPO services business for $505 million | Reuters IBM needs a smaller office footprint here as a result.
IBM sold the Global Process Services division, which the Insurance Outsourcing Services business was part of, to Concentrix. Same business, just not IBM anymore.
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