IBM will slash 5,000 U.S. employees, outsourcing many of their job positions to India. The new cuts will hit the global business-services unit.
Outsourcing is nothing new for Big Blue: already about 71 percent of its workforce lies outside the United States.
IBM has already made 4,600 job cuts this year, and expects to spend about $300 million to $400 million to pay out severance.
Master agents are really into geographical expansion and portfolio diversification this year. https://t.co/BSa0EAe7Bf
October 23 2018 @ 17:53:03 UTC