IBM Announces First Job Cuts Under New Chief Executive
21 Mayo 2020 - 9:34PM
Noticias Dow Jones
By Asa Fitch
International Business Machines Corp. is cutting an unspecified
number of jobs in the first major workforce reduction under new
Chief Executive Arvind Krishna, who is trying to revive growth at
the tech company.
Armonk, N.Y.-based IBM said the cuts are aimed at making it more
agile, but they come against the backdrop of a major economic
slowdown triggered by a coronavirus pandemic that has caused many
of its customers to dial back investments and hold off on big
software deals.
"IBM's work in a highly competitive marketplace requires
flexibility to constantly remix high-value skills, and our
workforce decisions are made in the long-term interests of our
business," the company said in a statement late Thursday.
The company didn't disclose the scale of the job losses. A
person familiar with the company's plans said they are thought to
affect several thousand people. IBM had around 352,600 employees as
of the end of last year, according to a January regulatory
filing.
(More to come)
Write to Asa Fitch at asa.fitch@wsj.com
(END) Dow Jones Newswires
May 21, 2020 22:19 ET (02:19 GMT)
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