Some workers may find jobs elsewhere at IBM, though "at the end of the day probably 1,000 employees will lose their jobs," O'Leary said.
IBM won't break out the expenses for the job cuts as a charge, IBM spokeswoman Carol Makovich said.
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Fri, Nov 30, 2001 - Page 21 News List
IBM cuts 1,000 jobs in semiconductors
COMPUTERS The company said that although its chip sales to network-equipment customers have declined, they believe that the bottom of the slump is close at hand
BLOOMBERG , ARMONK, NEW YORK
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