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.
Source: dnaindia.com
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James Kavanaugh, IBM Corp.'s chief financial officer, stated that the company was still dedicated to hiring for client-facing R&D.
European software giant SAP joined the parade of tech companies laying off staff, announcing on Thursday that it was cutting about 2,900 jobs after the iconic US tech company IBM said it was slashing about 3,900 jobs.
The announcement by chief financial officer Marie Myers comes at a time when sales of PCs are sliding. Many tech giants such as Meta and Amazon also laid off thousands of workers.