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  3. September 2003

IBM Confirms 400 Job Cuts Sept. 26, 2003

Is this  the demise of Tivoli begining?

Information Week
    IBM Confirms 400 Job Cuts Sept. 26, 2003        

        
The vendor says it's part of an overall skills-rebalancing effort.
By Paul McDougall 

            
        
An IBM spokesman today confirmed that the company will cut about 400 jobs, or 
about 1% of staff, in its software group. The cuts include a number of sales 
and marketing positions at IBM software facilities in Somers, N.Y., Cupertino, 
Calif., and Austin, Texas, where IBM's Tivoli software unit is based. An IBM 
spokesman said the cuts were part an overall skills-rebalancing effort within 
the group and don't reflect a broader cost-cutting initiative within the 
group. IBM's software revenue increased 6% year-over-year to $3.5 billion in 
the 
second quarter.

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