IBM's workforce in U.S. declines in '08 but grows overseas

IBM's workforce in U.S. declines in '08 but grows overseas

The number of workers that IBM employs in the U.S. declined by about 5% last year, but the company’s overall head count is increasing because of overseas hiring.
IBM finished 2008 with 115,000 U.S. employees, down from the 121,000 it reported at the end of 2007, according to its most recent annual report released this month. Overall, IBM finished 2008 with 398,455 employees worldwide, an increase of nearly 12,000, or about 3%.
In 2007, IBM said it had 98,000 employees in Brazil, China, India and Russia, but that number increased by 15% to 113,000 last year. Most of those employees are in India.
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