Take this with a grain of salt, however... It looks like a new large IBM RA program is underway, folks are already departing. The early indications (also see Watching IBM) are that most of the folks affected are in the Gearbox program - but there are some that are not. Let's see what the rest of the month brings, my hunch is that there will be a lot of cuts in August as well...
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It is called the HCL’s Product and Platforms Division. HCL is a business enterprise with presence in the fields of technology and healthcare. Founded in 1976 as one of India's original IT garage startups, the HCL enterprise currently comprises three companies in India -
HCL Technologies, HCL Infosystems and HCL Healthcare For further information, visit
www.hcl.com.
HCL has entered a partnership agreement with IBM. CL is responsible for Development, Support and Offering Management of targeted SWG products, development and support
employees will transfer to the larger HCL development organization.
Seamless transition of development and support activities for Software products will be
ensured with the necessary SWG expertise joining HCL. Employees are disappearing overnight.
.