IBM cuts more positions in Essex Jct.

[OhioChick]

Source: burlingtonfreepress.com

June 17, 2008

ESSEX JUNCTION -- There have been more layoffs at IBM’s Essex Junction facility this summer than any other time in the past five years.

Wednesday, IBM told a dozen Essex Junction employees their jobs would be eliminated in 30 days.

These job cuts come less than six weeks after 90 semiconductor manufacturing and testing jobs were eliminated at IBM’s Vermont plant. Seven positions were also shed in May.

Job cuts are at their highest pace since August 2002 — when 770 people were laid off — primarily because of the 90 positions cut in July, IBM spokesman Jeff Couture said.

This week’s layoffs are part of IBM’s decision to cut 38 positions throughout the U.S. in the sales unit of the global engineering solutions division, company spokesman Jay Cadmus said. The division designs microchips for large industries.



Read more: http://www.burlingtonfreepress.com/apps/pbcs.dll/article?AID=/20080617/NEWS/80617002

[fasttense]

1. Join the crowd of the American unemployed.

My husband's job just went poof too. The corporation decided against renewing their contract. He's out of a job in 30 days, along with 500 other people. But don't worry, according to the bushes we only have a 5.5% unemployment rate.

[OhioChick]

2. I'm sorry to hear this...

I hope he finds another job soon. :hug:
According to the bushes, we should just be able to take a few community college courses and be back on our feet. What a joke.

[deadmessengers]

3. This is not limited to that location

I have it on fairly good authority that this is only a part of a much broader layoff.