LOHUD: IBM JOB CUTS RISE; SEN. GREG BALL CALLS FOR TIGHTER RULES
Total nationwide job cuts in IBM Corp.’s latest quarterly round of reductions have now climbed to 1,440.
That’s the count being kept by the Alliance@IBM, a workers’ group that tracks moves that IBM does not publicly announce or confirm.
The reduction in U.S. staff has been part of IBM’s corporate strategy for years. Its employment growth has been overseas, increasingly in Asia.
New York state Sen. Greg Ball, R-C, Patterson, issued a statement criticizing state aid given to IBM and calling for a new law that would tighten the rules on tax incentives for any company.
Read more on this story from our sister newspaper the Poughkeepsie Journal.