New numbers reveal another drop in employees for IBM

2 years 11 months 1 week ago Wednesday, October 14 2015 Oct 14, 2015 Wednesday, October 14, 2015 1:52:00 PM CDT October 14, 2015 in News
By: Collin Ruane, KOMU 8 Reporter
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COLUMBIA - New numbers obtained by KOMU 8 News Wednesday show another cut in jobs for IBM in Columbia. The latest report from the Missouri Department of Economic Development shows IBM having 388 employees at its Columbia service center.

The newest figures put IBM under the microscope once again. When the company came to Columbia, it had promised the state it would hire 600 employees by the end of 2015. The company publicly said it had planned to hire up to 800 employees by the end of 2012.

As part of the company's agreement with the state, Missouri offered to pay IBM $28 million in increments from tax credits. On top of that, Columbia said it would pay $3 million in public money over a 10-year span to buy the building IBM is currently housed in.

The numbers show yet another drop for the company's mid-Missouri workforce, which had 453 employees at the end of March. In total, the service center has experienced a drop of more than 130 jobs since late 2014.

It's part of a series of layoffs dating back the past few years. In early 2013, KOMU 8 News reported IBM had 469 employees.

KOMU 8 News has reached out to Columbia Mayor Bob McDavid, the Columbia Chamber of Commerce, REDI and IBM for a response to this newest report and has yet to get any response.

 

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