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IBM cuts jobs on East Coast

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IBM's top 3 supercomputers vs HP

Not sure if the job reduction will impact Rochester or not, but I'm checking.

Here's some from the Burlington Free Press:

ESSEX JUNCTION — IBM continued to shed jobs from its Essex Junction plant, announcing Tuesday it would cut another 180 positions. Company officials began notifying employees of the layoffs before dawn (Confirming the theory that good news sleeps until noon - Jeff)Tuesday, confirming rumors that have swirled throughout the microelectronic plant and the village for weeks.

The computer giant employed 8,500 people in Essex Junction as recently as 2001. The latest job cuts bring the figure to 5,400 — the lowest in more than two decades.

The job cuts affect 110 regular positions and 70 long-term supplemental employees, company spokesman Jeff Couture said. No other positions will be affected, either through wage reductions or benefit reductions, he said.

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"We are addressing business needs: to rebalance skills that we have and to reduce costs, to improve efficiency and to respond to the evolving market conditions," Couture said Tuesday.

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