IBM To Cut Thousands of Roles in Focus on Software Growth

IBM will cut thousands of roles this quarter while it continues to shift focus to higher-growth software and services, Bloomberg News reported on Tuesday. From a report: 'We routinely review our workforce through this lens and at times rebalance accordingly,' Bloomberg quoted a company spokesperson saying. 'In the fourth quarter we are executing an action that will impact a low single-digit percentage of our global workforce.'

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