Tech Industry ‘In Flux,’ More Job Cuts at IBM, Others Expected

January 26th, 2015

Tech Industry 'In Flux,' More Job Cuts at IBM, Others Expected Technology is one bi-polar industry.

On one hand, it’s one of the strongest sectors, poised for creativity and growth.

One the other, it’s the leading industry for job cuts — and more will come this year.

Planned workforce reductions in the technology sector in 2014 rose to the largest year-end total since 2009, according to global outplacement firm Challenger, Gray & Christmas, Inc.

How many jobs lost? 100,757 tech job cuts in 2014, up 77 percent from 56,918 in 2013.