- Tech giant IBM plans to cut around 1 in 5 jobs across Europe, sources close to the matter told Bloomberg on Wednesday.
- About 10,000 jobs face the axe, they said.
- The UK and Germany will see the most job cuts, the sources said, and roles in its legacy managed-infrastructure IT services business are most at risk.
- An IBM spokesperson told the publication that its staffing decisions “are made to provide the best support to our customers in adopting an open hybrid cloud platform and AI capabilities.”
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Tech giant IBM is planning to cut about 10,000 jobs in Europe, Bloomberg reported Wednesday.
The cuts will affect around 1 in 5 staff in the region, sources close to the matter told the publication.
The UK and Germany will see the most job cuts, but staff in Poland, Slovakia, Italy, and Belgium will also lose their