IBM to make Chinese job cuts

International Business Machines Corp, the US technology giant, is cutting jobs in China after a disappointing decline in earnings.

The world's biggest computer service provider said in an e-mailed reply to China Daily on Wednesday, from its China office, that "change is constant" in the technology industry and that "transformation is an essential feature of our business model".

It added: "Consequently, some level of workforce remix is a constant requirement for our business."