IBM's Chip Unit Cuts 180 Jobs

Email | Add Comment | Read Comments

Post an Article

Posted By: Technology Staff Editor In: Information Technology
written by Mark LaPedus, courtesy of EE Times

SAN JOSE, Calif. -- After several denials, IBM Corp. confirmed that it has experienced a layoff within its slumping chip unit.

According to The Burlington Free Press, IBM's Microelectronics Group slashed 180 jobs at its fab operations in Burlington, Vt.

Rumors were running rampant about the layoff.

The move follows a slump in sales for the unit. In its most recent quarter, IBM's chip unit is said to have experienced more than a 20 percent drop in sales.

Comments

There have been no comments made on this article. Be the first to share your thoughts by using the form below.

Leave a comment

Please complete the form below to submit a comment on this article. A valid email address is required to submit a comment though it will not be displayed on the site.

Name (required):
E-Mail (required):
Website:
Comments:
Enter Code:

Email | Add Comment | Read Comments

Post Article


	© Copyright 2001-2009 JobGuru All rights reserved. Beyond.com Career Portal Software. © Copyright 2001-2009 Beyond.com, Inc. Privacy Policy Terms of Service Job Network Job Search Resume Post FAQ Affiliates Contact Us Syndicated Career Content: Job Feeds via RSS/XML and Yahoo.