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IBM confirms job cuts: Here's what you need to know

Started by monishav, May 23, 2020, 10:01 PM

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monishav

"IBM's work in a highly competitive marketplace requires flexibility to constantly add high-value skills to our workforce. While we always consider the current environment, IBM's workforce decisions are in the interest of the long-term health of our business," Ed Barbini, IBM's spokesperson said in a statement.

Who will be affected?

IBM, however, did not disclose how many workers are affected but media reports said thousands of employees are set to lose jobs in at least five states of the US.

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