HardwareUS

IBM Layoffs

July 2023

IBM announced a layoff affecting 0 employees in July 2023. The company operates in the Hardware sector.

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People Affected

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Announced Date

Jul 17, 2023

Company Information

Industry
Hardware
Country
US
Region
New York City
Last Updated: Apr 18, 2026

About

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.

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