Ibm Layoffs 2024 India 2024. Ibm announces 3,900 job cuts; That's after a $300 million workforce rebalancing charge in 2023.
The layoffs are part of ibm’s latest “workforce rebalancing” efforts, following the company’s announcement last august of plans to replace nearly 8,000 roles with ai. Tech companies cut jobs at a rapid pace in august 2024 as more than 27,000 employees in over 40 companies, including big names like intel, ibm, and cisco, announced layoffs.