IBM quietly slashing Australian jobs, moving work offshore

Several hundred Australian workers have been laid off this year, the ABC has learnt. Up to 1,000 more local jobs are likely to go in early 2014, although IBM would not confirm that figure.

Employing more than 400,000 people worldwide, IBM is not required to publicly release the number of Australian jobs it cuts because it is not an ASX-listed company.

IBM Australia managing director Andrew Stevens refused to comment about the lay-offs when questioned by the ABC at a business event in Sydney last week.

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