➀ IBM has conducted a secret mass layoff in its cloud services department, impacting thousands of employees; ➁ The layoffs primarily targeted senior program, sales, and technical support staff, with most affected employees aged 50-55 and with 20-24 years of tenure; ➂ IBM closed its China R&D department last month, affecting over 1000 employees; ➃ IBM's revenue has been declining significantly, prompting the company to downsize with approximately 3900 layoffs globally in 2023.
Related Articles
- Someone hacked an Apple Network Server to run DOOM – $10,000 IBM AIX unit from 1996 runs the game2 days ago
- Drum Memory3 months ago
- First Computer To Sing4 months ago
- Most Read – Memory chips, In-cabin radar IC, Xiver MEMS5 months ago
- IBM and GloFo settle dispute5 months ago
- Oracle's Growth Story Remains Intact, Shares May Need To Take A Breather6 months ago
- Microsoft persuades Mail and Calendar users to migrate to Outlook — Mail and Calendar app will cease to work after December 317 months ago
- IBM's New Chip Outperforms GPUs7 months ago
- TSMC, IBM, and Samsung to present their next-gen CFET transistor innovations at an event in December8 months ago
- 28-Year-Old IBM Employee Accuses Chairman of 'Seven Sins': IBM Greater China Responds8 months ago