Body count: 30,000
Big Blue once believed in a “hire, never fire” policy in the early 90's, but the technology firm has went back on its mantra, taking a more unethical approach to its layoff process. In 2008, IBM fired 215 employees without any notice, yet it reported a record $103 billion in revenue and $14 billion in cash flow. What's up with that? A 20 percent decrease in hardware sales would welcome more layoffs in the sales and software department a year later. IBM has since resorted to outsourcing its workload and looks to possibly layoff 300,000 globally by 2017.