IBM to cut thousands of jobs as it doubles down on AI, software and cloud growth push
IBM will reduce a small percentage of its global workforce in the fourth quarter, part of a broader strategic shift toward expanding its AI, software, and cloud offerings. The move reflects ongoing changes in the tech industry, with other major companies like Amazon and Microsoft also enacting layoffs. IBM employs approximately 270,000 people worldwide, and a 1% reduction could mean nearly 2,700 job losses. The company expects U.S. employment to remain flat year over year despite some domestic roles being impacted. These changes come as IBM reports stronger software revenue and adapts to advances in artificial intelligence.
IBM is preparing to lay off thousands of employees worldwide in the fourth quarter of 2025, as the company is focusing on sharpening its focus on artificial intelligence, software, and cloud services. The decision reportedly comes amid a wave of tech... [2615 chars]
Published by: India Today
Read full article here: https://www.indiatoday.in/technology/news/story/ibm-to-cut-thousands-of-jobs-as-it-doubles-down-on-ai-software-and-cloud-growth-push-2813822-2025-11-05
