Recent #secret layoffs news in the semiconductor industry

8 months ago
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.
China R&D departmentcloud servicesibmsecret layoffs