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As many as 100,000 IBM staff axed in recent years as Big Blue battles to reinvent itself from IT's 'old fuddy duddy'


"As a result, around 50 per cent of its new hires have been hired in the past five years, and now half of its total workforce are millennials, according to Big Blue’s CEO Ginni Rometty."

That's fairly confusing. If I were hired five years ago, I somehow don't think I'd be a new hire. They must have outsourced the quotes and it lost a bit in the translation.

But the real elephant in the room is where they are hiring and where they are firing. So they fired 100K people making an average of 80K and hire the same number making 20k in Malaysia, India, Costa Rica etc.

I'm sure that should the verdict go against IBM they will keep keep appealing or come to a confidential settlement.

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