I.B.M. plans layoffs in new cutback
Article Abstract:
IBM announced the elimination of 500 positions in Mar 1993, the first of the announced 25,000, and is expected to include some layoffs. The cuts add up to 350 from employee services and 150 from its corporate staff. The positions are those providing personnel, legal and financial services to IBM's divisions, and which are increasingly unnecessary as IBM decentralizes its operations. IBM announced in Dec 1992 that it would trim 25,000 from its 300,000-strong workforce, though analysts expect that to be an optimistic estimate. Of the 7,000 to 8,000 employees IBM is expected to eliminate in the US, only 3,000 or 4,000 will be through attrition, resulting in further layoffs. In the cuts announced, few employees are expected to be offered transfers, though all will be allowed a voluntary buyout.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1993
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Like growing number of companies, I.B.M. is building child-care centers
Article Abstract:
IBM announces that it will spend $3 million in 1991 to build five child-care centers near offices and plants in Charlotte, NC; Raleigh, NC; Rochester, MN; Gaithersburg, MD; and Southlake, TX. Child-care is recognized by the company as a vital issue, especially in light of changes in IBM's personnel statistics during the thirty years since 1960. In that time, the number of female employees has tripled while the number of male employees at IBM declined by 20 percent. In 1989, IBM established a $22 million fund to increase the availability and quality of child-care services for its employees. The new centers will be run by companies experienced in child-care services, and the centers will serve other community families as well as IBM employees.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
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For children who can barely say it, a computer
Article Abstract:
Computer manufacturers are entering the children's market for the first time during the Christmas season of 1989. Computers ranging in price from $20 to $200 are being purchased by parents of preschoolers in record numbers. The 'computers,' basically video games with an educational slant, are designed to get the attention of children and teach such concepts as shapes, colors numbers and letters. More advanced programs tackle spelling, reading, vocabulary and math. Manufacturers and parents both seek to prepare children for school and help them get used to working with computers. The market includes educational software for use on the parent's microcomputer.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1989
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