August 13, 2004

IBM Adding New Jobs

As we know, the tech industry has really been hurting. Well, it looks like better days are on the horizon! IBM is adding 18,800 jobs world wide, and about a third of those are in the US (considering how many offices IBM has, that's huge!) This is also new jobs, not just replacements for people leaving the company.

This is also good news for corporate confidence which has been very low despite consumer confidence being at all-time highs, a reason which many economists beleive is slowing down job creation.

Full Story @ The Street

Posted by Skywalker at August 13, 2004 08:51 AM | TrackBack



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