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IBM Australia is progressing through a first round of job cuts

IBM has seemingly started their first round of job cuts as staff morale is reported as "extremely low"
By: Chris Smith | Business, Financial & Legal News | Posted: Jan 20, 2015 4:09 am

With morale being apparently "extremely low" among employees, The Australian has reported on the upcoming job cuts involving IBM Australian workers, with their "one person close to IBM, who declined to be identified" further commenting that "workers say anyone could be next and that's the thinking they go into work with everyday."

 

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Without going into specifics, an IBM spokes woman stated that her company "continues to re-balance its workforce to meet the changing requirements of its ­clients," further mentioning that "we continue to hire for key skills in Australia and around the globe." She went on to comment "IBM's total workforce has remained stable over the past three years, and IBM employs more than 430,000 people worldwide." We're told that IBM has a policy of not divulging local headcount numbers.

 

Furthering to company woes, IBM is set to go head to head with the Queensland government following an impending botched payroll implementation case.

 

IBM began their restructuring program as of last week, said to be in order to embrace new revenue streams - seeing 400 jobs being placed at risk.

NEWS SOURCES:Theaustralian.com.au

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