Insiders report that IBM is set to lay off thousands of employees, particularly focusing on the Cloud Classic division, which could see a quarter of its staff impacted. While concrete figures are not officially released, estimates suggest around 9,000 workers could be affected across various locations, including New York and California. The layoffs may stem from IBM's continual process of workforce reduction, hinted at in previous statements by CFO James Kavanaugh regarding expected workforce rebalancing similar to past practices.
IBM insiders reveal the company is likely to lay off thousands, including a quarter of its Cloud Classic operation staff, though specific numbers remain undisclosed.
Sources indicate layoffs are part of IBM's ongoing workforce reduction strategy, involving both 'Resource Actions' and incentivized attrition, while media speculates on the scale.
The specifics of upcoming layoffs at IBM, potentially impacting 9,000 workers, involve teams across various departments, including consulting and cloud services.
Despite no official statement from IBM, previous comments by CFO James Kavanaugh suggest expectations of ongoing workforce rebalancing similar to past years.
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