Re: IBM Layoffs....

[Glenn Ericson <Glenn-Ericson@xxxxxxx>]

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At 11:17 AM 05/21/2002 -0400, Mark Phippard wrote:
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> From what I read about it in the interview with the IBM CEO, he said a
>majority of the job cuts would come from a freeze on hiring.

Attrition through  hiring freeze would rarely make a  big splash in the
news. Right now  that  might be too slow for  the company's objectives in
the dynamics  of managing their business.

>I guess when you have as many employees as IBM you must lost thousands
>every year due to normal employee turnover.  So, if you don't replace
>them, there are
>your cuts.

Employees  are motivated to stay with the same employer for many reasons.
Money is  one  but  other areas such as trust, liking the environment,
work  life style type items are major as long as the  bucks are
competitive.  It is costly  process to lose and retain staff.


>Mark
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>Don <dr2@cssas400.com>
>Sent by: midrange-l-admin@midrange.com
>05/21/2002 11:08 AM
>Please respond to midrange-l
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>         To:     midrange-l@midrange.com
>         cc:
>         Subject:        IBM Layoffs....
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>
>It's been a bit too quiet in iSeries land....anyone heard anything on the
>layoffs?
>
>Don in DC
>
>
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