Through a strategic business reorganization IBM has started dismissing 9,000 staff members throughout the United States. The layoffs spread across all IBM departments but the Cloud Classic unit suffered the biggest impact when it lost about one-fourth of its employees according to The Register.
IBM lays off staff from all Cloud Classic assisting teams as well as workers at consulting, CSR, cloud infrastructure, sales, and CIO reporting departments. Reports show the IBM Cloud division received a 10% reduction in staff alongside the rest of the Cloud group.
IBM chooses to shift positions to India since it forms a key element of its new operational plans according to industry analysts. IBM keeps information about employee layoffs private yet the reported 9,000 job cuts show the company needs to resize its US workforce significantly.
In a major financial relief to government staff and pensioners, the Bihar government has sanctioned an increase in Dearness Allowance…
The skilled foreign workforce in Canada now faces increased uncertainty after new regulations for the TFWP (Temporary Foreign Worker Program)…
India’s largest IT companies, Infosys and Wipro, have seen a significant rise in median employee pay, a rise of 30%…
President Donald Trump has asked the U.S. Supreme Court to overturn an injunction from a lower court blocking mass systemic…
Ontario is introducing a record setting budget of $232.5 billion focused on protecting jobs within the context of economic uncertainty…
Dearness Allowance is an adjustment for the cost of living for professionals and pensioners employed by the government to allow…
This website uses cookies.
Read More