International Business Machines Corp., the world’s biggest computer-services provider, reduced as many as 5,000 jobs last week, according to a person familiar with the matter. That added to 4,000 cuts already made since the beginning of the year.
“I don’t believe this is the end,” said Lee Conrad, coordinator for an employees’ group pushing for union recognition. “We’re losing jobs at a record rate inside IBM. (Ed: Many of them to India)