News IBM cuts thousands in Cloud Classic, other units: Report

[Admin]

IBM is laying off thousands of employees across multiple U.S. locations, heavily impacting its Cloud Classic division.

IBM cuts thousands in Cloud Classic, other units: Report : Read more

 

[Exploding PSU]

My god, I hope those affected are alright...

I've no relations with IBM, other than enrolling in an IBM-sponsored data science learning program years ago, but seeing my mates getting laid off left and right... I'm really feel sorry for them..

 

[gc9]

nit: maybe s/outsourced/offshored/

outsourcing means moving positions outside the company. If positions are moving to another nation but staying within the multinational company, that sound like offshoring, not outsourcing.

 

[blppt]

Again, I always find it amazing with the apparent bloodbath in tech industry jobs how we still have one of the lowest unemployment rates in history.