AIRLINK 198.79 Increased By ▲ 0.82 (0.41%)
BOP 9.95 Decreased By ▼ -0.09 (-0.9%)
CNERGY 7.25 Decreased By ▼ -0.04 (-0.55%)
FCCL 38.38 Increased By ▲ 2.38 (6.61%)
FFL 16.79 Decreased By ▼ -0.12 (-0.71%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 135.29 Increased By ▲ 1.26 (0.94%)
HUMNL 14.17 Increased By ▲ 0.03 (0.21%)
KEL 4.75 Decreased By ▼ -0.03 (-0.63%)
KOSM 6.80 Decreased By ▼ -0.14 (-2.02%)
MLCF 46.11 Increased By ▲ 1.13 (2.51%)
OGDC 217.20 Decreased By ▼ -1.03 (-0.47%)
PACE 6.91 Decreased By ▼ -0.03 (-0.43%)
PAEL 41.00 Decreased By ▼ -0.42 (-1.01%)
PIAHCLA 16.93 Increased By ▲ 0.07 (0.42%)
PIBTL 8.59 Increased By ▲ 0.13 (1.54%)
POWER 9.45 Increased By ▲ 0.06 (0.64%)
PPL 184.50 Decreased By ▼ -1.43 (-0.77%)
PRL 41.70 Increased By ▲ 0.43 (1.04%)
PTC 24.88 Increased By ▲ 0.11 (0.44%)
SEARL 104.00 Decreased By ▼ -0.65 (-0.62%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.50 Decreased By ▼ -0.41 (-1%)
SYM 17.82 Decreased By ▼ -0.23 (-1.27%)
TELE 8.80 Decreased By ▼ -0.11 (-1.23%)
TPLP 12.74 Decreased By ▼ -0.10 (-0.78%)
TRG 66.30 Decreased By ▼ -0.30 (-0.45%)
WAVESAPP 11.40 Increased By ▲ 0.10 (0.88%)
WTL 1.74 Decreased By ▼ -0.04 (-2.25%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,106 Decreased By -3.8 (-0.03%)
BR30 36,631 Increased By 33.5 (0.09%)
KSE100 114,937 Decreased By -105 (-0.09%)
KSE30 36,152 Decreased By -47.2 (-0.13%)

International Business Machines Corp said on Thursday it would nearly double the number of new hires this year from previous forecasts, due in part to growth in its global and business consulting services.
IBM said it would take on 18,800 new employees globally in 2004, an increase of 8,800 workers from its previous forecast of 10,000 for this year, excluding acquisitions.
"We do see growth, unlike some of our competition," IBM spokesman John Bukovinsky said.
IBM said it hired 10,000 people in the first six months of this year and another 3,000 in July. It expects to add an additional 5,800 people by the end of the year.
As a result of the hiring, IBM expects to end the year with more than 330,000 employees world-wide, the largest number of since 1991 when IBM finished the year with more than 344,000 workers. In the mid 80s IBM employed more 400,000 people.
Bukovinsky said most of the hiring is a result of growth in global services and business consulting services. Specifically, Linux services, consulting and development, grid computing and business transformation services.

Copyright Reuters, 2004

Comments

Comments are closed.