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Report: IBM plans to fire more than 1,000 employees



If recent reports are correct, IBM has a slight cleanup.

According to CNBC, the technology giant dismisses about half a percent of its staff. Based on the last proxy statement, which employs more than 340,000 people, the cuts would affect around 1,700 employees.

WRAL TechWire contacted IBM this morning to seek confirmation. 19659004] Meanwhile, a company spokesman was quoted as saying that the cuts were part of the company's efforts to "reposition our team to align with the high-value segments of the IT marketplace."

"We continue to aggressively engage in important new areas of great value to our customers and IBM," said CNBC's corporate spokesman in a billion-dollar email.

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