IBM Vt layoffs estimated at more than 300
IBM’s layoffs put
at more than 300
MONTPELIER — The state’s 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.