In a move that has angered IBM employees around the world, just as they are threatened with massive job losses, senior executives at IBM have been awarded multi-million dollar bonuses despite overseeing 11 consecutive quarters of poor financial performance. Kan Matsuzaki, Director of ICT, Electrical and Electronics at IndustriALL Global Union, said: IBM workers worldwide want to see IBM succeed but IBM executives need to realise that employees are assets to business success and not liabilities. It is essential for IBM to urgently engage in open and constructive dialogue with the trade unions who represent IBM workers to explain what is happening and why. Stonewalling its workforce is not an answer. Alan Tate, Head of Information, Communication and Telecoms in Switzerland-based UNI Global Union which represents 3 million workers in ICT industries, said: "IBM workers around the globe are learning through the media to brace themselves for job.