Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

IBM Plans to Add 15,000 New Jobs Worldwide
Jan 19, 2004
 Printable format
 Email this Article
 Search

On the heels of strong earnings reports, IBM Corp. announced that it will add 15,000 jobs worldwide.

About 4,500 new hires will be made in the United States, primarily tied to high-growth areas such as software and services, company officials said. The remainder of the jobs will be in emerging markets such as China and India and in Europe.

The job additions were 50 percent more tha company projections and will increase Big Blue's work force to nearly 330,000, officials said. More than half of the company's employees are outside the United States.

Garrett Walker, director of strategic resource management for IBM, said the company is investing U.S. $200 million in training for what it calls "hot skills" in the information technology (IT) area.

"We're bullish on the whole IT market in 2004," Mr. Walker said.

IBM is offering an upbeat outlook for 2004, announcing that fourth-quarter earnings more than doubled and surpassed Wall Street expectations. In the last 3 months of 2003, IBM earned $2.7 billion, or $1.55 per share, on revenue of $25.9 billion.

With the new hirings, IBM will have the most employees it has had since 1991, when it had 344,000 employees worldwide. (Reuters)

Back to Daily News

 

Daily News

...........................................................

Aug 14, 2014: Electrolux In Talks to Acquire GE Appliances

Aug 14, 2014: June U.S. Cutting Tool Consumption Strongest of 2014

Aug 13, 2014: Manufacturing Technology Orders Up in June

Aug 13, 2014: Toshiba Appliance/Electronics Segment reports Higher 1Q Sales

Aug 12, 2014: Fagor Operations in Spain to Restart Under New Owner CNA

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows