- The job cut will affect 20% of the company’s staff members
- IBM would sell off most of its IT services
- The company fired thousands of employees in May
International Business Machines Corp. plans to cut nearly 10,000 jobs in Europe ahead of a broad shift to a hybrid cloud approach.
The job cuts at IBM will significantly affect the United Kingdom and Germany. Cuts are also planned in Poland, Slovakia, Italy and Belgium. IBM’s wide-ranging losses will affect 20% of staff members managing the daily support function for client data centers and IT support, sources told Bloomberg.
IBM announced the decision in November during a meeting with European labor representatives, according to a union officer with knowledge of the conversations.
“Our staffing decisions are made to provide the best support to our customers in adopting an open hybrid cloud platform and AI capabilities,” an IBM spokesman said. “We