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I.B.M. Job Cuts Will Hit Europe Especially Hard.
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- Author(s): Landler, Mark
- Source:
New York Times. 5/6/2005, Vol. 154 Issue 53206, pC1-C4. 2p.
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- Abstract:
Looks at how Western Europe will be affected by International Business Machines Corp.'s (IBM) recent announcement of its plan to cut up to thirteen thousand jobs. Comments from IBM's chief financial officer Mark Loughridge, regarding Western Europe's economic conditions and on the company's aim to rebalance its low-growth and high-growth areas; Suggestion that the company's decision will effect the political landscape of France and Germany.
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