IBM is scrapping 334 jobs in the Netherlands as part of a reorganization, trade union De Unie announced on its website on Friday. The union calls it a reorganization with forced redundancies.
Amsterdam has climbed one spot and reached third place on IBM's global foreign investment banking for 2015, I Amsterdam announced on Wednesday.
According to Interbrand, the brand name of electronics group Philips is for the first time worth more than $10 billion (more than 7.9 billion euro). Philips is the first Dutch company to cross that border.
Favorable tax agreements through its Dutch branch of the holding played a key role in IBM's good profit figures over the past year, stated financial press agency Bloomberg today, based on its calculations.
IBM announced that Zwolle-based online retailer wehkamp.nl will use IBM cloud-based merchandising analytics to deal with price reductions and enhance client satisfaction and meet their needs, and develop profitability.