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Is IBM trimming workforce again?

  • 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.

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