IBM Corp said it has cut over 2,500 jobs on March 1st 2010 and over 2,500 IBM employees got a rude awakening,'' according to the IBM union.

''In 2009 after glowing financial results IBM executives immediately started firing employees,'' according to the union. ''By the time 2009 was over at least 10,400 workers had lost their jobs. IBM executives are abandoning the U.S. workforce and moving work offshore, and to make matters even worse, bringing in foreign workers to replace US workers on contracts and accounts here. Make no mistake, the job cuts are far from over.''

Last year, IBM said it cut some jobs, but refused to elaborate on the numbers.

By: DocMemory
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