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The major RTP employer declined to share how many local workers are affected by the company’s latest restructuring. IBM layoffs hit some Triangle workers, but it’s unclear how many jobs will ...
International Business Machines Corp (NYSE:IBM) is laying off 1,000 employees as it shutters a fundamental research division in China. The company is shuttering two business lines specializing in ...
As IBM makes a broad shift in strategy, Bloomberg reported this morning that the company would be cutting around 10,000 jobs in Europe. While IBM wouldn't confirm the layoffs, a spokesperson ...
The layoffs at the world's largest hedge fund bring its head count back to where it was in 2023, the person said. Founder Ray Dalio said in a 2019 interview that about 30% of new employees leave ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [222] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [223] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
At the start of 2024, IBM told managers to either come into offices or leave the company. IBM asked all US managers to report to an office or client location at least three days a week, according ...
In April 2023, Red Hat announced layoffs impacting 4% of its workforce or more than 700 employees. Wood was notified his position was going to be eliminated on July 17. Wood was notified his ...
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