He said the reductions would be made only in the computer giant's American operations.
The computer giant said it planned to buy back up to $2 billion of its own stock, or about 3 percent.
A week earlier, the computer giant had reported a $4.97 billion loss for 1992, the largest in corporate history.
The company grew into a $42 billion computer giant with 86,000 employees.
The computer giant had been the building's only tenant since its opening in 1982.
Traditionally that was a slow time for the computer giant he ran north of Boston.
The struggling computer giant does 64 percent of its business outside the United States.
The computer giant is struggling to compete with smaller manufacturers.
So the computer giant is making it easier for its people to get fired.
The computer giant announced in June that it was placing its account up for review.