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IBM Denies Reports Of Redeploying Some Staffers

IBM
IBM Photo Credit: Tom Auchterlonie

IBM, which is headquartered in the Hudson Valley, is pushing back on reports it plans to reassign 30 percent of its Global Technology Services staff through attrition.

The Armonk-based company said the report, which said the company hired a consulting firm to help with the strategy, was not accurate and they don't comment on speculation, according to the Poughkeepsie Journa l.

The company, which is headquartered in Armonk, saw revenue decline .4 percent in its latest quarterly report, the 22nd consecutive quarter of year over year declines. Profits fell 4.5 percent to $2.73 billion.

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