Two money quotes on IBM

by Volker Weber

One:

In 2015, an IBM spokesman denied a Forbes report that the company would be laying off 100,000 employees – or a quarter of its workforce -- in the coming years, dismissing the claims in an interview with USA Today as “ridiculous” and “baseless.”

Two:

In a deposition in one of the civil cases, Alan Wild, former vice president of human resources, said IBM had “laid off 50,000 to 100,000 employees in just the last several years," according to a court document filed Tuesday in Texas.

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