• IBM Vt layoffs estimated at more than 300
    July 04,2013
     

    IBMís layoffs put

    at more than 300

    MONTPELIER ó The stateís labor commissioner estimated that IBM laid off more than 300 Vermont workers in its recent round of job cuts, but a firmer total should be known by the end of next week.

    Annie Noonan said IBM is required to notify the Labor Department within 24 hours of job separations becoming final, which is set to happen July 12.

    She said by then the state should have a reliable figure of the total job cuts made public last month.

    IBM has a policy of not releasing layoff totals.

    Noonan said her estimate of about 310 layoffs is based on the number of IBM employees who have been showing up at state-run seminars on seeking new work.

    MORE IN This Just In
    PHILADELPHIA ó Many delegates from Vermont arrived at the Democratic National Convention this... Full Story
    White River Junction ó A Windsor Superior Court judge this week denied a prison sentence... Full Story
    BARRE ó A Maine woman is accused of forging checks and selling off items that didnít belong to her. Full Story
    More Articles
  •  
     
    • MEDIA GALLERY 
    • VIDEOS
    • PHOTOS