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New Apple partner IBM prepares for largest corporate layoff in history

Things aren’t going well for IBM. The six-month-old Apple partner is reportedly preparing for the largest corporate layoff in history. After nearly three years of quarterly revenue decline, IBM is preparing to axe a staggering 111,800 employees. How the layoffs will<span class="ellipsis">…</span><div class="read-more">Read more › (http://www.cultofmac.com/310012/ibm-prepares-largest-corporate-layoff/)</div><!-- end of .read-more --><img width='1' height='1' src='http://cultofmac.com.feedsportal.com/c/33797/f/606249/s/42b1e027/sc/24/mf.gif' border='0'/><br clear='all'/>

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Source: New Apple partner IBM prepares for largest corporate layoff in history (http://feedproxy.google.com/~r/cultofmac/bFow/~3/VRbmGBbMuVk/story01.htm)