Connect with us

Business

IBM fires 10,000 older employees to look ‘cool and trendy’ in Market

Published

5 years ago

on

San Francisco: In a market where the tech giants have a new age employees, to compete and look trendy in the market IBM deposed over 10,000 employees over the years. To look ‘cool and trendy’ like its rivals it brought in new employees and is hiring aggressively.

According to The Registrar, in the lawsuit hearing in the case filed by lawyers on behalf of ex-IBM salesman Jonathan Langley, a one-time HR vice president Alan Wild reportedly testified “that 50,000 to 100,000 Big Blue staff has been axed in the past five or so years”.

The 108 year old IBM says that it doesn’t discriminate on age. However Langley, 61, sued IBM last year for “unfairly ditching older capable staff to replace them with so-called early professional hires”.

In a statement, IBM said: “The Company hires 50,000 employees each year, and spends nearly a half-billion dollars on training our team. We also receive more than 8,000 job applications every day, the highest rate that we’ve ever experienced, so there’s clear excitement about IBM’s strategy and direction for the future”.

Although a report claimed that Langley was a long-standing IBM Hybrid Cloud salesperson until he was selected to be laid off – despite performing so well. Wild said IBM wanted potential hires to see Big Blue not as “an old fuddy duddy organization,” but as “cool and trendy”.”To do that, IBM set out to slough off large portions of its older workforce using rolling layoffs over the course of several years,” he added.

‘ProPublica’ published an investigation last March that found IBM had fired an estimated 20,000 US employees ages 40 or older in the past five years.

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending