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IBM has reportedly laid off thousands

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IBM spokesperson Sarah Minkel emailed a reasonably obscure assertion to Computerworld that appeared to substantiate the layoffs: “Early this yr, IBM disclosed a workforce rebalancing cost that might characterize a really low single digit share of IBM’s world workforce, and we nonetheless count on to exit 2024 at roughly the identical stage of employment as we entered with.”

The Register did some fast math, primarily based on IBM’s world employment numbers. “With about 288,000 workers worldwide on the finish of 2023, the ‘very low single digit share’ potentialities for 2024 could be 1 p.c (2,880 layoffs), 2 p.c (5,760 layoffs), 3 p.c (8,640 layoffs), or extra,” the Register story famous. 

It additionally famous, “final yr, CEO Arvind Krishna stated IBM anticipated to interchange round 7,800 jobs with AI, although no particular time-frame was offered.”

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IBM has reportedly laid off 1000’s – Computerworld

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