IBM Luxembourg Sarl

Type
Internal restructuring
Country
Luxembourg
Region
Luxembourg; Luxembourg; Luxembourg
Location of affected unit(s)
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62.2 - Computer consultancy and computer facilities management activities
62.20 - Computer consultancy and computer facilities management activities
38 jobs
Number of planned job losses
Job loss
Announcement Date
19 April 2021
Employment effect (start)
Foreseen end date

Description

After IBM Luxembourg announced the suppression of 38 jobs in March 2021, laborious negotiations between the IBM management and the trade union LCGB finally led to the signature social plan in April 2021. According to the trade union, the management refused to sign an maintaining in employment plan that would have preserved the jobs. The social plan consists mainly of training and outplacement measures, with an extra-statutory financial and social compensation for the employees who have been affected by the restructuring plan. 

In December 2020, IBM has announced that it will cut 10,000 jobs at its branches across Europe by the mid-2021as part of a major saving scheme.

Sources

Citation

Eurofound (2021), IBM Luxembourg Sarl, Internal restructuring in Luxembourg, factsheet number 104774, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104774.