It seems that in these lean times for both manufacturers and the tech industry in general, even the biggest are not immune...
IBM plans to cut more than 15,600 jobs in its computer-services and microelectronics businesses, according to a regulatory filing made public on Tuesday.
The job cuts were confirmed when IBM reported its second-quarter earnings, however the precise number of cuts and details were not disclosed at the time. IBM disclosed the figures in its quarterly filing with the Securities and Exchange Commission.
IBM, based in Armonk, N.Y., said it will cut 14,213 jobs, mostly in its services business, which had about 150,000 employees as of the end of last year. IBM overall had about 320,000 employees at the end of 2001. Another 1,400 cuts will come from its microelectronics unit, IBM said.
News source: Reuters UK
View: IBM Plans to Cut More Than 15,600 Jobs
IBM plans to cut more than 15,600 jobs in its computer-services and microelectronics businesses, according to a regulatory filing made public on Tuesday.
The job cuts were confirmed when IBM reported its second-quarter earnings, however the precise number of cuts and details were not disclosed at the time. IBM disclosed the figures in its quarterly filing with the Securities and Exchange Commission.
IBM, based in Armonk, N.Y., said it will cut 14,213 jobs, mostly in its services business, which had about 150,000 employees as of the end of last year. IBM overall had about 320,000 employees at the end of 2001. Another 1,400 cuts will come from its microelectronics unit, IBM said.
News source: Reuters UK View: IBM Plans to Cut More Than 15,600 Jobs
Digital certificates are typically issued by trusted certificate authorities - such as VeriSign - and are used by websites in conjunction with the Secure Sockets Layer (SSL) protocol for encryption and authentication.
Bruce Schneier, a cryptography expert and co-founder and chief technology officer at Counterpane Internet Security, a California-based network monitoring firm, said that this was one of the worst cryptographic vulnerabilities he had seen in a long time.
He said the flaw meant that all the cryptographic protections of SSL would not work for a Microsoft IE user.
Microsoft said that it is investigating the flaw, but pointed out that an attacker would have to create a fake website and redirect people from a legitimate website to the fake one to exploit the vulnerability.
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