Re:WTF is up with IBM? (Score 1)

I'm sure in most large enterprises this is the case. I've noticed though, through my friends that work at these places, typically the layoffs are a signal to a company re-org. Basically, "You got 30 - 90 days to find a new position within the organization/dept, because your job here is being eliminated". Basically what it all amounted to in the end, the enterprise would technically "layoff", like 10K people, but then at the same time hire 95% of the same people to do the same job, but under a different dept/title.