IBM: There will be layoffs, but 110,000 is 'ridiculous and baseless'

Charlee Gothard
clock • 1 min read

Reports 'off by a factor of 10' says company, meaning 10,000 jobs probably to go

IBM has begun debunking the widespread rumours that it will be laying off 26 per cent of its workforce this week, which amounts to around 110,000 people, as Computing reported yesterday. The com...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
 DevOps at Nationalgrid ESO - the Balancing Mechanism revolution

DevOps

National Grid ESO is the electricity system operator for Great Britain. We move electricity round Great Britain’s system to keep homes and businesses supplied with the energy they need 24/7, 365 days a year.

clock 13 March 2024 • 3 min read
Don't encourage kids to code, says Nvidia CEO

Skills

AI threatens the future of coding

clock 29 February 2024 • 3 min read
'As easy as ordering a pizza': How National Grid is building digital competency

Strategy

It's about more than just hiring prompt engineers

clock 26 February 2024 • 3 min read

More on Business Software

Google publishes plans for post-quantum cryptography

Google publishes plans for post-quantum cryptography

Secure email firm Tuta has also upgraded its systems to be quantum-proof

John Leonard
clock 12 March 2024 • 3 min read
UK business: Intrigued but cautious about AI

UK business: Intrigued but cautious about AI

'It's too early to jump'

John Leonard
clock 09 February 2024 • 3 min read
 The future of ERP is automated, conversational and very much in the cloud

The future of ERP is automated, conversational and very much in the cloud

Not just about AI

Claus Jepsen
clock 22 December 2023 • 4 min read