http://www.networkworld.com/news/2007/050707-ibm-layoffs.html

'One analyst called the rumor "hogwash," saying IBMs business is doing well and that the companys overall number of employees has gone up in the past five years. Another analyst called the report "ludicrous," saying if the amount of layoffs were accurately reported the companys entire U.S. operations would be shut down.'

Hmmm... This sounds a lot like Phil Payne's take on the situation ...

--
Edward E Jaffe
Phoenix Software International, Inc
5200 W Century Blvd, Suite 800
Los Angeles, CA 90045
310-338-0400 x318
[EMAIL PROTECTED]
http://www.phoenixsoftware.com/

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