Original article: http://www.washingtonpost.com/blogs/on-leadership/wp/2015/01/28/the-bigg…

“Another IBM cut, however, does top the list. In July 1993, under former CEO Lou Gerstner, the company cut 60,000 jobs: a mass layoff number that has yet to be surpassed since then, according to the outplacement firm Challenger, Gray & Christmas.”