SINGAPORE: Hundreds of IBM Singapore employees are being laid off, amid the technology giant's global restructuring efforts.
The firm is cutting manpower from its Singapore Technology Park, a manufacturing plant at Tampines, as it is relocating manufacturing of its Power Systems product to a facility in Guadalajara, Mexico.
IBM staff and subcontractors told TODAY that at least 200 people were being laid off, and they comprised Singaporeans and foreigners working in a variety of positions. They included blue-collar workers, professionals, managers, executives and technicians (PMETs).
Headquartered in New York, the tech firm declined to reveal the number of layoffs in Singapore, and it said in an email reply to TODAY's queries that the move is part of its "continual review of the most efficient way to source our products".
According to IBM workers and subcontractors TODAY spoke to, several rounds of retrenchments have been carried out in the past few months.
Three such exercises have been conducted so far, said a staff working for IBM's subcontractor – who declined to be named – who is currently serving his notice until the end of the month. The first and second retrenchments were carried out in May and June respectively, and a third round will take place at the end of July.
While IBM Singapore did not reveal the number of staff working at its Tampines facility, a source told TODAY that the manufacturing activity moving from Singapore to Mexico accounts for 60 per cent of the workforce there.
An IBM engineer, who did not wish to be named, said that about 30 to 40 per cent of total staff were being retrenched. The engineer's contract termination date was brought forward to the end of July. It is estimated that there are about 400 to 600 people working in the facility, according to workers TODAY spoke to.- TODAY ONLINE
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