Source: IBM’s jobs pledge in NY intact
Joseph Spector
A recent commitment by IBM to retain at least 3,100 high-tech jobs in New York, mainly in Dutchess County, will be preserved as part of the company’s announcement Wednesday to invest $3 billion in computer chip development and research.
A source involved in the discussions between IBM and New York told Gannett’s Albany Bureau today that the state’s deal with IBM in February to retain the jobs will remain intact. The source spoke on the condition of anonymity because of ongoing negotiations.
The state also expects that the bulk of IBM’s $3 billion investment will be in New York, where IBM has major facilities in East Fishkill, Poughkeepsie and Yorktown, Westchester County.
New York’s confidence in IBM’s commitments come as the company’s future in the state has made residents, employees and local governments nervous about a potential mass exodus of jobs in the Hudson Valley.
http://polhudson.lohudblogs.com/2014/07/10/source-ibms-jobs-pledge-ny-intact/