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IBM to shutter Swedish facility

IBM plans to close a facility in Sweden, a move that will affect about 150 workers. In a statement issued Tuesday, the company said it told the employees of its application delivery center in Ostersund that it intends to close the site. As a result, the employees "will be part of a resource action," the statement said. An IBM spokeswoman declined to elaborate on what "resource action" meant. The company said that it was entering into talks with work councils and that during the talks it could not comment further.

IBM said its action is part of a "skills rebalancing program" to fit the requirements of the market. Big Blue, which had nearly 316,000 employees at the end of 2002, has laid off hundreds of workers this year. But it also has said it sees the need for about 10,000 new jobs next year.