IBM announces 3,900 job cuts

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According to a company spokesman, the measure ‘is not an action based on the results of 2022 or expectations for 2023’. Other tech giants have also announced cuts in recent months. IBM announces data center investment for cloud computing in Brazil. Values ​​were not disclosed. Sergio Perez/Reuters The American computer giant IBM will cut about 3,900 jobs, just over 1% of its workforce, related to the activities it liquidated, a source told AFP on Wednesday (25). close to the subject. However, the New York state-based computer company did not mention job cuts in its quarterly earnings report released on Wednesday or in a call with analysts to discuss financial results. IBM said it would take a one-time payment of $300 million in the first quarter of this year, which the source said was related to the layoffs. “It’s not a move based on 2022 results or 2023 expectations,” an IBM spokesman told AFP. Other layoffs This Thursday (26), the German software giant SAP also announced that it will cut 3,000 jobs this year, which corresponds to approximately 2.5% of its staff. The group, which offers traditional software and cloud computing services and has about 120,000 employees worldwide, said it plans to carry out a “targeted restructuring program” to “strengthen its core” and improve its performance. “We expect the program to affect approximately 2.5% of SAP employees,” the company said in a report. Amazon, Meta, Microsoft and Alphabet, Google’s parent company, have all recently laid out plans to reduce staff after hiring many workers during the pandemic to meet rising demand.

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