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 Expo returns to Sydney for 2024

Electronex — the Electronics Design and Assembly Expo will return to Sydney in 2024,...

Mouser opens customer service centre in Melbourne

Mouser Electronics has opened a customer service centre in Melbourne to support its customers...

Global semiconductor market to grow 17% in 2024

Following an 11% decline in revenue in 2023, Gartner analysts are predicting an uptick for...


  • All content Copyright © 2024 Westwick-Farrow Pty Ltd