In the face of a global company cutback on staff, IBM Australia's redeployment program may save the jobs of local staff and position the company to leverage off growth areas in the Asian market.
While IBM has shed at least 747 workers at four US plants in the past week in a move to pare expenses, according to US media reports, the local office is positioning itself for growth.
A spokesperson from IBM Australia said the company is changing its skill mix to reflect projections on the Asian market from various IT analysts.
"[IT analyst] research shows Asia is the fastest-growing IT region."
The spokesperson could not reveal the number of workers impacted by the redeployment program, but said, "what is happening here in Australia is not the same program as has been reported in the US".
"We are talking to some people about redeployment options to other parts of our business where there is continuing growth," she said, adding where there are tangible growth areas in the market there will be new job opportunities.
Some of the projections by analysts she cited include a $US75 billion projection for IT services and products and 120 million Internet users in Asia by close of 2002.