News Briefs

IBM Says 15,600 Jobs Cut in Q2

IBM laid off about 15,600 workers during the second quarter, according to a filing it submitted to the U.S. Securities and Exchange Commission. The cuts reduced the company's 320,000-person workforce by 5% and primarily involved its IT services unit, which let go more than 14,000 employees. The filing was the first time IBM disclosed the full extent of its layoffs.

Dell Results Up For Second Quarter

Bucking the trend of tough financial results, Dell Computer Corp. reported a net profit of $501 million on revenue of $8.45 billion for its second quarter ended Aug. 2. The revenue total was up 11% from $7.6 billion in the same quarter last year. The company predicted third-quarter revenue of about $8.9 billion, which would represent an increase of 19% year over year.

Microsoft, HP Expand Help Desk Contract

Hewlett-Packard Co. said it won a contract to provide end-user technical support to 61,000 Microsoft Corp. employees, vendors and contractors. The deal expands a 2-year-old contract under which HP handled help desk support for 11,000 Microsoft workers in Europe, the Middle East and Africa. The companies didn't disclose the financial terms of the new contract.

Short Takes

After its initial bid was rejected, Network Associates Inc. in Santa Clara, Calif., increased its offer to buy the 25% of McAfee.com Corp. in Sunnyvale, Calif., that it doesn't own. . . . Ottawa-based Cognos Inc. today plans to release Web services integration technology for tying its data analysis tools to other applications.

Copyright © 2002 IDG Communications, Inc.

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