IBM, Cisco
IBM, Cisco to cut nearly 200 San Francisco workers
IBM, meanwhile, is cutting 58 San Francisco workers. The New York company has not said how many total employees it plans to let go, but in addition to slashing employees in The City, it’s also laying off 54 people in San Jose, according to letters its representatives sent to the state Employment Development Department.
IBM’s global layoffs begin. Here’s how many will be cut in the Bay Area
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 very low single digit percentage of IBM’s global workforce,
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.
Cisco's huge layoff round slams Bay Area offices, more than 800 workers cut
The huge layoff round that Cisco Systems announced in August is slamming a few Bay Area offices, according to new WARN documents filed with the state of California last week. When the San Jose tech giant first shared news of the cuts,
Massive layoffs for Cisco and IBM erase hundreds of Bay Area tech jobs
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Layoffs by IBM! Fired employees forced to sign THIS document? What insider revealed
Multiple sources said that the IT company has been making the job cuts quietly while one insider claimed that "a massive ...
Dataquest2d
Second Round of Cisco Layoffs: Is a Recession Coming?
In August, the technology sector experienced a wave of layoffs that affected nearly 27,000 individuals. Major tech ...
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IBM Layoffs: Tech Firm Silently Fires Thousands Of Employees, Says Report
CEO Arvind Krishna mentioned that IBM anticipated replacing about 7,800 jobs with artificial intelligence (AI), although he ...
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IBM quietly axing thousands of jobs, source says
IBM'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 ...
CRN1d
IBM Starts New Round Of Layoffs
Recent WARN (Worker Adjustment and Retraining Notification) letters in California and Washington suggest layoffs are continuing.
techzine2d
IBM quietly conducting large round of layoffs
Many long-serving employees at IBM have been laid off. That's according to numerous reports online. Although IBM CEO Arvind ...
IBM has reportedly laid off thousands
IBM announced earlier this year that it would have layoffs, and that now appears to have occurred. Analyst attributes it to cloud/on-prem rebalancing, not genAI-related, but look for GenAI layoffs in ...
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IBM is Quietly Axing Thousands of Jobs
Spread the loveIBM, the tech giant synonymous with innovation and reliability, is making headlines for a ...