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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 ...
IBM is cutting more than 1,000 jobs in China, according to multiple state media reports, as geopolitical tension between Beijing and Washington prompts many global companies to reassess their ...
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 ...
In all, more than 1,000 tech companies announced cuts of almost 160,000 jobs last year, according to the tracking website Layoffs.fyi. And nearly 100,000 more jobs already have been tagged this year.
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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