IBM To Cut Thousands of Roles in Focus on Software Growth

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IBM will cut thousands of roles this quarter while it continues to shift focus to higher-growth software and services, Bloomberg News reported on Tuesday. From a report: “We routinely review our workforce through this lens and at times rebalance accordingly,” Bloomberg quoted a company spokesperson saying. “In the fourth quarter we are executing an action that will impact a low single-digit percentage of our global workforce.”



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IBM To Cut Thousands of Roles in Focus on Software Growth


IBM will cut thousands of roles this quarter while it continues to shift focus to higher-growth software and services, Bloomberg News reported on Tuesday. From a report: “We routinely review our workforce through this lens and at times rebalance accordingly,” Bloomberg quoted a company spokesperson saying. “In the fourth quarter we are executing an action that will impact a low single-digit percentage of our global workforce.”



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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