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IBM furloughs US employees to cut costs

2013-08-06 12:14:15| Semiconductors - Topix.net

International Business Machines Corp has said it's requiring the majority of U.S. employees in its hardware unit to take a week off with reduced pay, cutting costs as demand slows for products such as servers.

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State dumping IBM after IT project runs 42 months late, $60 million over budget

2013-08-02 13:29:35| InfoWorld: Top News

The state of Pennsylvania will not renew its services contract with IBM regarding the development of a modernized unemployment compensation system, after the project reportedly has gone 42 months behind schedule and $60 million over budget. In August, state officials commissioned a study from Carnegie Mellon University's Software Engineering Institute, seeking "to determine the best course of action moving forward," according to a statement released this week by Department of Labor and Industry Secretary Julia Hearthway's office.

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Pennsylvania Ends Troubled Contract With IBM

2013-08-01 13:39:00| TechWeb

IBM unemployment compensation system project won't be renewed after running $60 million over budget and 42 months behind schedule.

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IBM says SEC is investigating how it reports cloud revenues

2013-07-31 22:58:36| InfoWorld: Top News

IBM is the subject of a probe by the U.S. Securities and Exchange Commission into how it reports revenue related to its cloud computing business, the vendor revealed Wednesday. "In May 2013, IBM learned that the SEC is conducting an investigation into how IBM reports cloud revenue," the company said in a filing with the SEC. "IBM is cooperating with the SEC in this matter."

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RightShip selects IBM to overhaul ship vetting information system

2013-07-30 01:00:00| Ship Technology

RightShip has selected IBM to overhaul its newly launched ship vetting information system (SVIS), which will be available in the first quarter of 2014.

Tags: information system ship ibm

 

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