The Big Blue a.k.a. IBM is planning a major lay-off in a day or two. A huge amount of jobs are moving to the company’s offshore centers in India and China. As per the post from Alliance@IBM, it is expected that at least 40-50% positions in the U.S. will be “RA’d”, an abbreviation of the popular IBM terminology “Resource Action”, which in layman’s terms is “getting fired”.

IBM has cut the company’s U.S. based workforce by 30,000 in the last four years, i.e. from 133,789 to 105,000.

[source: wral.com]