IBM settles with US Justice Department over job listings

IBM has agreed to pay USD 44,400 in civil penalties to settle allegations that certain of its online job postings preferred foreign workers with temporary work visas over US citizens, the US Department of Justice said.

IBM cuts about 2,800 jobs in North America; to cut in India too

IBM, the world's largest computer services provider, has initiated a global restructuring plan by laying-off almost 2,800 employees in North America so far and more job cuts are in offing in other nations like India.

IBM layoffs undisclosed workers part of a global restructuring plan

IBM said it would spend USD 1 billion reshuffling the types of jobs it needs in its workforce this year.