IBM

IBM has initiated significant layoffs this week, reportedly affecting thousands of employees, particularly in its Cloud division, with efforts to keep the process discreet. While IBM has not disclosed exact figures, the company referenced a "workforce rebalancing" charge of $400 million in early 2024, which could translate to around 5,200 job cuts based on prior patterns. With approximately 288,000 global employees, this represents a low single-digit percentage reduction. The layoffs primarily target senior-level roles in programming, sales, and support, with many positions being relocated to India as part of cost-saving measures. This move aligns with IBM's ongoing strategy to shift jobs offshore and integrate AI, following earlier announcements of replacing thousands of roles with automation. The tech giant's actions reflect broader industry trends of restructuring amid economic pressures and technological advancements.

IBM laid off 1,000 employees on 2024-08-26.

IBM has announced layoffs within its marketing and communications division, continuing a trend of workforce adjustments as the company shifts focus toward artificial intelligence. While the exact number of affected employees was not disclosed, IBM indicated the cuts represent a "very low single digit percentage" of its global workforce, which numbers in the hundreds of thousands. This move, announced in a brief meeting led by Chief Communications Officer Jonathan Adashek, is part of an ongoing "workforce rebalancing" strategy. IBM has been actively upskilling employees and integrating AI, having previously announced plans to replace thousands of roles with automation. The layoffs occur amid a broader wave of job cuts in the tech industry, even as IBM reports modest revenue growth and expands its AI offerings like WatsonX.

IBM is laying off dozens of storage software developers at its Israeli development center, which employs hundreds of workers and was originally established after the acquisition of startup XIV in 2008. The layoffs, reported in July 2023, are part of IBM's ongoing review and evolution of its product portfolio to stay innovative and meet client needs. While the exact number affected is not specified, the company stated it impacts a small percentage of its staffing in Israel, where IBM employs around 3,000 people across multiple centers. These cuts reflect broader trends in the tech industry, with other giants like Meta and Amazon also reducing their workforces in the region.

IBM laid off 3,900 employees representing approximately 2% of its workforce on 2023-01-25.