Google and IBM have released good news. Despite a drop in fourth-quarter profit, Google’s search-advertising business and cost-cutting is allowing it to handle the recession better than most. IBM, this week, reported net income of $4.4 billion for the fourth quarter of 2008, a 12% increase year over year.
IBM despite its earnings is still rife with chatter about layoffs throughout the company. A site for Alliance@IBM, which is run by the Alliance@IBM/Communications Workers of America Local 1701, a union that is trying to organize IBM workers, has commentors talking about restructuring, buyouts and layoffs.
The company won’t comment, which I think is silly. There is nothing worse for employees than to hear layoffs are happening, but not knowing officially what is actually happening. The void created by the silence will be filled with innuendo and speculation.
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