IBM Layoffs - TheLayoff.com
IBM's mainframe bubble bursts and growth stalls. In its last few quarterly results announcements, IBM has trumpeted unexpectedly strong growth in its mainframe business, and that's helped the technology titan to just-about deliver promised mid-single-digit revenue growth in …
IBM quietly axing thousands of jobs, source claims - The Register
Sep 18, 2024 · IBM has been laying off a substantial number of employees this week and is trying to keep it quiet, our sources have said. One IBM employee told The Register that IBM Cloud experienced "a massive layoff" in the past few days that affected thousands of people.
IBM is the latest Western firm to retreat from China - CNN
Aug 27, 2024 · IBM is cutting more than 1,000 jobs in China, according to multiple state media reports, as geopolitical tension between Beijing and Washington prompts many global companies to reassess their ...
IBM Starts New Round Of Layoffs - CRN
Sep 20, 2024 · IBM has quietly started a new round of layoffs as part of a previously disclosed “workforce rebalancing” effort. The layoffs appear to be focused primarily on senior-level programmers as well...
Kyndryl follows in IBM's footsteps with rolling layoffs
Oct 1, 2024 · Special report Kyndryl, the IT services biz spun out of IBM in late 2021, has been following in the footsteps of its parent by discreetly shedding hundreds of workers, largely in the US. The reason, we're told, is that the firm has not been winning new IT services contracts.
IBM Announces 3,900 Job Cuts - The New York Times
Jan 25, 2023 · IBM joined the wave of layoffs by technology companies on Wednesday, saying it will shed 3,900 workers. The company described the cuts as mainly a result of earlier asset sales rather than a...
IBM lays off workers as tech shifts to AI - Quartz
Mar 13, 2024 · IBM adds to the nearly 50,000 layoffs in the tech sector in just the first three months of 2024. Tech giants like Google-parent Alphabet, Microsoft, and Amazon all announced job cuts in 2024.
IBM Cuts Thousands of Employees in Latest Tech Layoffs
Jan 26, 2023 · IBM on Wednesday joined Microsoft, Google and other tech companies that are cutting jobs, saying 3,900 employees would be laid off. The news came during a conference call as the computing giant...
IBM posts biggest annual sales increase in more than a decade ...
Jan 26, 2023 · IBM posts biggest annual sales increase in more than a decade, announces 3,900 layoffs. After posting lowest sales total since 1987 last year, IBM manages to increase sales by more than 6%, and...
IBM Layoffs 2024: What to Know About the Latest IBM Job Cuts
Mar 13, 2024 · Fundamentally, the IBM layoffs represent the opportunities and challenges behind the rise of artificial intelligence (AI). According to a CNBC report, the tech firm colloquially known as “Big...