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

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

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

Oct 29, 2014: Restaurant customers are using technology more frequently

Oct 29, 2014: Canadian HVAC/R wholesaler sales up 5.3% so far in 2014

More Daily News>>

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

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

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows