Archive for the 'layoffs' Category

IBM Lays Off 300 in mid-Hudson

 ibm.jpg

Just days after a local economic development official engaged in a round of happy talk, word comes that 300 IBMers in Dutchess County, mostly at the East Fishkill microelectronics plant, will lose their jobs. (At about 4 percent of the 7,000 local employment base I’ve repeatedly seen cited, it appears to be the biggest round of layoffs by IBM since the mid-90s.)

IBM does indeed make Dutchess the technology hub of the region, but there’s no guarantee things will stay that way. That’s why over-reliance on IBM and other Fortune 500 companies is a flawed strategy. We need more efforts toward making the area hospitable to entrepreneurs and the startups that can be the real job and development engines. Big Blue is a great base to build of off, but it alone can’t be expected to carry the local technology sector, let alone the whole local economy.

Advertisements

Advertisements

RSS Google Reader Shared Items

  • An error has occurred; the feed is probably down. Try again later.

Techworking's del.icio.us links

February 2018
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728