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IBM WORKFORCE REDUCTION
US stocks today: S&P 500 rises on Mideast peace hopes as oil prices dipUS stocks ended slightly higher as markets reacted to mixed corporate earnings and shifting geopolitical signals around Iran peace talks. S...
IBM workforce changes 2026 explained: Why is IBM cutting jobs while planning to hire more? Here are the roles it's hiring for and what it plans nextIBM layoffs and hiring: IBM is undergoing a significant transformation, shifting its focus to hybrid cloud and artificial intelligence. Thi...
After Amazon and Meta, IBM to layoff 2700 people - experts say more tech sackings will happen this yearIBM layoffs 2025: IBM is set to lay off approximately 2,700 employees, a move impacting a low single-digit percentage of its global workfor...
IBM to cut thousands of workers amid AI boomIBM plans to cut thousands of jobs as it shifts focus to AI consulting and software, affecting a small percentage of its 270,000-strong wor...
After IBM, Microsoft, and Micron, now Dell to lay off an undisclosed number of staff in ChinaDell China layoffs 2025: Dell Technologies plans to reduce its workforce in China. The company informed employees about the layoffs this we...
Klarna CEO Sebastian Siemiatkowski claims AI can now perform all tasks, stops hiring humansKlarna, a fintech company, stopped hiring new staff due to AI's growing capabilities. The company's workforce shrunk from 4,500 to 3,500. C...
From Microsoft to IBM: Tech layoffs cross 1 lakh mark as companies brace for more cuts aheadThe second half of 2024 saw continued layoffs across the tech sector, with major companies like IBM, Cisco, and Microsoft significantly red...
Mass layoffs hit tech industry: Over 27,000 jobs cut as Intel, Cisco, IBM, and Apple slash workforceTech companies cut over 27,000 jobs in August 2024, with major firms like Intel, IBM, and Cisco among those announcing layoffs. Intel plans...
India highest among countries to have actively deployed AI: IBM researchThe ‘IBM Global AI Adoption Index 2023’ found that 74% of those Indian enterprises are already working with AI, having accelerated their in...
Kyndryl adds Google Cloud to its portfolio of multi-vendor partnershipsKyndryl and Google Cloud will apply their expertise in data and analytics, applied AI, and infrastructure modernization to help customers g...
IBM has 500 job openings in IndiaIBM put out over 500 job openings in India on its LinkedIn page in the last one week and over 200 new opportunities in just the last 24 hou...
IBM, the silent job cutter, stokes worker anxiety, speculationSpeculation about thousands of job cuts last month has heightened anxiety among employees.
IBM fired as many as 100,000 in recent years, lawsuit showsThe technology company is facing several lawsuits accusing it of firing older workers.
India Inc curtails post-maternity attritionThe hard work is finally paying off.Organisations are witnessing a gradual reduction in attrition levels among women employees post materni...
IBM India staff still battle tech blues fearing more layoffsFrom around 1.65 lakh employees on its payroll in 2011, IBM's India headcount is expected to slide to one lakh by March this year.
IBM signs deal with Polaris FT for social software solutionsIBM signs deal with Polaris FT for social software solutionsWorking with IBM, Polaris designed and developed Octopus, an enterprise social ...
- IBM trims contract workforce due to economic uncertainities
IBM has asked few hundreds of contract staffers to leave in August. These contract employees work for IBM, but are on payrolls of another I...
- Hindustan Unilever cuts 50 managerial jobs
Faced with ‘surplus’ employees, FMCG major Hindustan Unilever (HUL) said it has cut about 50 managerial jobs.
- 150,000 jobs to go at IBM: Reports
According to a report on the PBS Web site, "IBM is planning to lay off 150,000 US workers by the end of this calendar year."
- India seen as hot spot for F&A outsourcing
India, along with Sri Lanka, China and the UK, is emerging as a hotspot for finance and accounting outsourcing (FAO) activities, according ...