IBM to cut 1,000 jobs
Wednesday, 12 December, 2001
IBM is to cut just under 5%, or 1,000 jobs, of its workforce in its microelectronics division due to decreased demand for semiconductors.
Most of the cuts are to be in its largest locations (all in the US) in Burlington, Vermont; Endicott, New York and East Fishkill, New York.
Related News
Electronex 2026 to bring electronics innovation to Sydney
Electronex 2026 will return to Sydney's Rosehill Gardens in June, with over 100 electronics...
$6.9m funding to boost Aussie semiconductor packaging tech
The Australian Government has invested $6.9 million to accelerate semiconductor packaging and...
How power rivalry is reshaping semiconductor supply chains
Rising tensions between the US and China are changing how companies design global supply chains...
