US EditionIBM China said to be laying off more than 1,000 employees as it closes research labs
- IBM China is laying off more than 1,000 employees while closing its research and development teams, as confirmed during a meeting with US executives.
- Employees stated the layoffs were officially announced and felt like a "peaceful separation," with no clear destination for the moved operations.
- IBM confirmed the closure of its China Development Lab and China Systems Lab, affecting cities like Beijing, Shanghai, and Dalian.
38 Articles
38 Articles
IBM to Shut Down China Research Centers, Laying Off Over 1,000 Workers
IBM is in the process of shutting down its research and development (R&D) departments in China, local media outlets say, becoming the latest American tech giant to scale back its presence in the increasingly restrictive China-based market. The decision by the Armonk, New York-based tech service provider will affect its more than 1,000 employees across China, local staff told multiple Chinese media outlets, including Jiemian, a news site owned by…
IBM Nukes R&D Division In China, Affecting 1,000 Jobs, Report Says
IBM Nukes R&D Division In China, Affecting 1,000 Jobs, Report Says Shanghai-based business and financial media outlet Yicai reported on Monday that International Business Machines (IBM) plans to shut down its research and development division in China, impacting over 1,000 employees. This comes as China's economic slowdown gathers pace and US companies are increasingly exiting the world's second-largest economy, opting for 'friend-shoring' or 'r…
Computer giant IBM will end research and development work in China
BEIJING: US computer giant IBM confirmed Monday (Aug 26) it would close its research and development arm in China. Multiple employees told AFP they had been informed during a brief meeting with US executives on Monday that the company would gut its research and development team in China and move operations
IBM will close its research and development (R&D) operation in China, which will affect more than a thousand jobs, the North American technology company said on Monday. The reduction in the workforce, with the end of this unit, comes at a time when the company is being penalized by a slowdown in demand for its hardware and the difficulties it is facing in growing markets, such as China, says “Reuters”. As for the South China Morning Post, an off…
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