TECH
IBM confirms layoffs are happening, but won’t provide details – TechCrunch
TECH

IBM confirms layoffs are happening, but won’t provide details – TechCrunch

Published: May 22, 2020  |  2 min read, 384 words
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confirmed reports from overnight that it is conducting layoffs, but wouldn’t provide details related to location, departments or number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup under .“ work in a highly competitive marketplace requires flexibility to constantly remix to high-value skills, and our workforce decisions are made in the long-term interests of our business,” an IBM spokesperson told TechCrunch.Patrick Moorhead, principal analyst at Moor Insights & Strategy, says he’s hearing the layoffs are hitting... READ MORE
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