YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

IBM slashing thousands of jobs in Q4

Posted online

IBM said in a statement to CNBC that it is cutting "a low single-digit percentage of our global workforce" during the fourth quarter.

IBM employed 270,000 at the end of 2024, meaning a 1% cut would amount to roughly 2,700 jobs.

The statement indicated that U.S. employment is expected to stay flat year over year.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences