IBM becomes latest tech giant to cut jobs amid pandemic

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NEW YORK (BLOOMBERG) - International Business Machines (IBM) cut an unspecified number of jobs across the US, eliminating employees in at least five states. The company declined to comment on the total number, but the workforce reductions appear far-reaching.. Read more at straitstimes.com.

NEW YORK - International Business Machines cut an unspecified number of jobs across the US, eliminating employees in at least five states. The company declined to comment on the total number, but the workforce reductions appear far-reaching.

Based on a review of IBM internal communications on the Slack corporate messaging service, the number of affected employees is likely to be in the thousands, said a North Carolina-based worker who lost his job along with his entire team of 12."This was far ranging - and historical employment ratings, age and seniority did not seem to matter," he said. The person asked not to be identified on concern that speaking publicly may impact his severance package.

Another worker who lost his job said the reductions mostly focus on IBM's North American workforce. Half of his 70-person department were cut on Thursday and told their last day with the company will be June 22.

 

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