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IBM to Cut Thousands of Roles in Focus on Software Growth
Yahoo Finance· 2025-11-04 18:31
International Business Machines Corp. will cut thousands of workers this quarter while it continues to shift the focus of its business to higher-growth software and services. Most Read from Bloomberg “We routinely review our workforce through this lens and at times rebalance accordingly,” a company spokesperson said. “In the fourth quarter we are executing an action that will impact a low single-digit percentage of our global workforce.” IBM shares have climbed this year on investor enthusiasm for the s ...