Another LayOff: IBM Likely To Terminate Nearly 9,000 Workers In The US

Tech giant IBM is reportedly laying off nearly 9,000 employees across multiple locations in the United States. This latest round of job cuts involves a significant downsizing of its Cloud Classic division, according to the report.

According to a former IBM employee who was recently laid off, the job cuts have affected approximately 10% of the company's cloud division. The source, who wished to remain anonymous, revealed that the layoffs were spread across various departments, including sales, marketing, and development.

The layoffs are part of IBM's broader effort to restructure its operations and improve efficiency. The company has been investing heavily in emerging technologies such as artificial intelligence, blockchain, and cloud computing and is looking to streamline its workforce to better align with these strategic priorities.

Impact on India

One of the primary reasons for the layoff in IBM Cloud Classic, which stems from the company's 2013 acquisition of SoftLayer, is IBM's continuous aim to relocate employment to India. According to reports, IBM has been progressively shifting jobs overseas, and this restructuring accelerates that trend.

The news of IBM's layoffs comes at a time when the tech industry is experiencing a wave of job cuts. Several major tech companies, including Meta, HP, and Amazon, are also planning significant layoffs in recent months as a part of their ongoing restructuring plan.

Right now, IBM has not remarked on the number of job losses or the specific scope of their restructuring. However, it is believed that the move is part of a larger trend aimed at cost-cutting and personnel reorganization.