IBM lays off as big Triangle employer leans on AI and Raleigh's Red Hat software

IBM plans to cut thousands of jobs by the end of the year as the large Triangle employer and owner of the Raleigh software ...

IBM Confirms Layoffs Impacting Up to 5,000 Workers as It Shifts Focus to AI

IBM is cutting thousands of jobs as it pivots toward AI and software. The tech giant’s restructuring highlights a major shift ...
CRN

IBM: $9.5-Billion AI Book Of Business Drives Q3 Growth Across Software, Hardware And Consulting

IBM reported $16.33 billion in revenue for the quarter, up 9 percent year over year (up 7 percent in current currency) from $14.97 billion in the third quarter of 2024. Net income for the quarter was ...

IBM cuts thousands of jobs as it pushes deeper into AI and cloud computing

IBM is planning another round of staff reductions as it deepens its shift toward artificial intelligence and high-margin software services. The company said the cuts will ...

IBM to cut thousands of jobs as Red Hat growth slows

The workforce reduction is designed to streamline operations rather than signal financial distress, according to analysts.
Analytics Insight

IBM Joins Global Tech Layoff Wave, Eyes Software-Led Future

International Business Machines Corp. has recently announced the layoff of thousands of workers, moving its focus to software ...

IBM Slashes Jobs as Software Pivot Accelerates--Wall Street Cheers the Shakeup

IBM is tightening its belt as it doubles down on software and AI. The tech giant plans to cut thousands of jobs this quarter ...