IBM Slashes 5K US Jobs

Moves many to India
By Matt Cantor,  Newser User
Posted Mar 26, 2009 10:08 AM CDT
In this Jan. 20, 2009 file photo, IBM headquarters is seen in Armonk, New York.   (AP Photo/ Louis Lanzano)
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(Newser) – IBM will cut 5,000 US jobs, the Wall Street Journal reports, sending many to India to continue its expansion there and downsizing in the US. The cuts hit IBM’s global business services unit. They stem in part from customers ending contracts and the automation of some work, but employees say IBM has been training its Indian workers in tasks set to be transferred there.