IBM has initiated significant layoffs affecting thousands of employees globally, including many in the Bay Area. “Early this year, IBM disclosed a workforce rebalancing charge that would represent a ...
IBM's first-quarter 2024 earnings report said that the mainframe goliath took a $400 million "workforce rebalancing" charge to cover the cost of planned layoffs. That's after a $300 million "workforce ...
Copy Link After a brutal year of layoffs in 2023, companies this year have continued to cut jobs across tech, media, finance, manufacturing, and retail. Tech titans like IBM, Google, and Microsoft ...