Friday, June 7, 2019


IBM is laying off 1,700 employees

|About: International Business Mac... (IBM)|By:, SA News Editor

IBM (NYSE:IBM) has confirmed to CNBC that it's laying off around 1,700 employees, following reports that appeared Wednesday on TheLayoff, an online message board.

"We are continuing to reposition our team to align with our focus on the high-value segments of the IT market, and we also continue to hire aggressively in critical new areas that deliver value for our clients and IBM," a company spokesperson said in an email.

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