IBM is reportedly laying off thousands of employees across the US, affecting about a fourth of its Cloud Classic (IaaS) team.
Consulting, cloud infrastructure, sales, and CSR teams may also be impacted. While no official numbers are available, reports suggest IBM is shifting work to India.
Earlier in 2024, IBM quietly cut senior-level roles in sales, programming, and support, with employees bound by NDAs.
In Q1 2023, IBM spent $300M on workforce rebalancing and expected $400M for 2024. In August, IBM shut down R&D labs in China, impacting at least 1,000 jobs.