IBM Layoffs: 1,148 and Counting

They’re swinging the axe over at IBM again. The company is sacking hundreds of employees this week, in what it likes to euphemistically refer to as “resource actions.”

Alliance@IBM/CWA Local 1701, an IBM employee advocacy group, reports that upward of 800 1,000 workers have been let go this week, with more to follow.

Most of the job cuts appear to be within the U.S., with a high concentration in IBM’s Global Technology Services outsourcing unit.

Alliance@IBM national director Lee Conrad puts the current tally of layoffs at 1,148, and says it’s offshoring that’s driving the reductions. “Those jobs are moving offshore, which seems to be the trend at IBM,” Conrad told AllThingsD. “This is a further abandonment of the U.S. workforce. When IBM talks about rebalancing, what they really mean is moving jobs from the States to overseas.”

IBM did not respond to a request for comment.