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Tech Layoff Wave: IBM to cut about 3,900 jobs

Published: January 26, 2023

The job cuts will stem from Kyndryl Holdings, the IT services business that IBM spun off last year, and its healthcare divestiture, from which the company will incur about a USD 300 million charge, an IBM spokesman told WSJ.

Source: freepressjournal.in

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International Business MachinesKyndryl HoldingsWall Street JournalNew York BasedTech LayoffTech Layoff Wave ContinuesIbm To Fire 3900 Jobs