IBM Prepares To Lay Off Thousands Globally: Is AI Driving Force Behind Cuts?
Lawrence Sposato, IBM’s director of human resources in the US, confirmed in a letter to the Employment Development Department (EDD) that they have made a permanent reduction in force in San Francisco’ His decision comes amid rising concerns regarding the company’s workforce strategy moving forward.
IBM has initiated significant layoffs affecting thousands of employees globally, including many in the Bay Area. “Early this year, IBM disclosed a workforce rebalancing charge that would represent a ...
Recent WARN (Worker Adjustment and Retraining Notification) letters in California and Washington suggest layoffs are continuing.
Many long-serving employees at IBM have been laid off. That's according to numerous reports online. Although IBM CEO Arvind ...
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IBM quietly axing thousands of jobs, source saysIBM's first-quarter 2024 earnings report said that the mainframe goliath took a $400 million "workforce rebalancing" charge to cover the cost of planned layoffs. That's after a $300 million "workforce ...
IBM, meanwhile, is cutting 58 San Francisco workers. The New York company has not said how many total employees it plans to ...
Spread the loveIBM, the tech giant synonymous with innovation and reliability, is making headlines for a ...
Hundreds of Cisco Systems employees will be laid off as the company shifts focus to artificial intelligence and cybersecurity ...
Cisco’s current round of layoffs will impact about 6,000 jobs as the company looks to sharpen its focus on AI networking, ...
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