IBM cutting thousands of jobs in the fourth quarter
Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023.IBM said Tuesday that it will lay off a small percentage of its employees in the current quarter."In the fourth quarter we are executing an action that will impact a low single-digit percentage of our global workforce," a spokesperson told CNBC. "While this may impact some U.S.-based roles, we anticipate that our U.S. employment will remain flat year over year."IBM emp ...