Longtime technology pundit Robert Cringely on Jan. 22 reported that IBM this week will launch a massive corporate reorganization code-named Project Chrome that will result in 26% of its employees – more than 100,000 people — losing their jobs.

If this is true, they have yet to receive the memo at IBM Hong Kong, which this morning issued a press release via the agency Ketchum Hong Kong that while not naming Cringely called the author of the layoff rumor “an industry gadfly” and his reporting both “stupid” and “ludicrous.” I have contacted IBM corporate media relations here in the U.S. to see if it concurs with its Hong Kong colleagues and to make sure this un-IBM-like language was authorized. (The Wall Street Journal also cites an anonymous IBM source refuting the report.)

To read this article in full or to leave a comment, please click here