By: Nestor E. Arellano and Patrick Thibodeau

Many tech companies are using the global recession as a handy excuse to cut staff, according to Andy Woyzbun of Info-Tech Research Group. Also, SAP says Canadian operation affected by 3,000 worldwide retrenchments

IBM’s Markham, Ontario headquarters and it software laboratory in Toronto are the likely prime targets of world-wide workforce reductions now underway at Big Blue, according to a Canadian technology industry analyst.

Reports of a massive layoffs with numbers ranging anywhere from 4,200 to 16,000 were rife yesterday as many members of Alliance@IBM, the unofficial workers organization of the company, continued blogging about accounts and rumours of employees being let go from offices all over North America and Europe.

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