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Layoffs 2023: More IT giants join firing spree, 6,900 more employees laid off - Vimarsana News

Layoffs 2023: More IT giants join firing spree, 6,900 more employees laid off

James Kavanaugh, IBM Corp.'s chief financial officer, stated that the company was still dedicated to hiring for client-facing R&D.

IBM Confirms Mass Layoffs, Sacks 3,900 Employees After Missing Annual Target - Vimarsana News

IBM Confirms Mass Layoffs, Sacks 3,900 Employees After Missing Annual Target

IBM Layoff: IBM Corp has also joined the ‘layoff drive’ as the company fired 3,900 employees on Wednesday. The tech hub said that the layoff drive was a part of some asset divestments. Chief Financial Officer James Kavanaugh said the cuts will focus on workers remaining after spinning off the Kyndryl and Watson Health units -- aaa

Source: india.com