One-Third Of IBM Staff Being "Rebalanced"?
Ah, the euphemism; a kinder, gentler way to stick it to someone. This time, IBM employees are apparently being hit hard again in a big layoff, or "rebalancing". Another large US company shedding workers like it was going out of style.
Likely adding to the pain of many of these workers is a recent change in IBM’s severance policy, reducing a potential maximum of six months of benefits to one month’s worth.