#IBM may axe hundreds in India for cost-cutting http://t.co/as6m6qNBNM
— EconomicTimes (@EconomicTimes) February 13, 2014
As per this report in Bangalore, IBM has asked about 40 people at its Systems Technology Group to leave.The report indicates that job cuts in the Systems and Technology Group are happening because of a drop in profits and IBM's drive for $20 (Rs 1,240) earnings per share.
