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 job, they said. Roles in IBM's legacy managed-infrastructure IT services business are most at risk from the cuts, the sources said. In October,so it can focus on building its cloud and AI division.
IBM announced the cuts during a meeting with European labor representatives in November, a union officer told Bloomberg.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."
"We also continue to make significant investments in training and skills development for IBMers to best meet the needs of our customers," the spokesperson added.In the quarter to September 30, IBM recorded $17.6 billion in total revenue, a drop of around 2.5% year-on-year.
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good