A press release says that Computer Giant IBM is officially announced that IBM is going to dismiss their 1,10,000 employees.
Multimedia's criticized this move and it is the worst in the corporate history.
IBM is not giving any further information about this dismiss and denies to give further information.
As per three months annual report ended December 2014, the IBM announced that their profit has come down 12% i.e. 16 billion euro (INR 10 lakhs crore rupees)
Similarly in 1993, the IBM has sacked around 60000 employees citing a decline in profit.
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