Breaking! IBM Exits China: Over 1600 R&D Staff Laid off Within 3 Minutes

Man, talk about a speed round – 1000 people axed in just 3 minutes. Fastest layoff in history, no joke. So check this out: This morning, IBM China called an all-hands meeting in the pouring rain. Whole thing lasted a whopping 3 minutes. They dropped the bomb that IBM’s shutting down all their R&D departments in China. We’re talking the entire development center, systems center, the works. All that research stuff? Shipped overseas.#chinaobserver