We recently published a list of 10 Best Innovative Stocks that Pay Dividends. In this article, we are going to take a look at ...
CEO Arvind Krishna mentioned that IBM anticipated replacing about 7,800 jobs with artificial intelligence (AI), although he ...
Recent WARN (Worker Adjustment and Retraining Notification) letters in California and Washington suggest layoffs are continuing.
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’ ...
Multiple sources said that the IT company has been making the job cuts quietly while one insider claimed that "a massive ...
IBM is reportedly laying off thousands of employees this week, focusing on the Cloud division. These layoffs are being ...
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 ...
Many long-serving employees at IBM have been laid off. That's according to numerous reports online. Although IBM CEO Arvind ...
More staff lay offs The dark satanic rumour mill has manufactured a hell on earth yarn claiming that the once colossal IBM is ...
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 ...