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IBM to cut thousands of jobs in fourth quarter amid software focus

On Nov 4, International Business Machines announced it will cut thousands of roles this quarter, Bloomberg News reported, with the company saying the action will affect a low single-digit percentage of its global workforce.
Under CEO Arvind Krishna, IBM has doubled down on software via Red Hat and framed cuts as a strategic shift toward AI consulting and higher-growth software services.
The company is issuing Resource Action notifications that give staff 30 days to find another position or be let go, with cuts ranging from 2,700 to 5,400 roles.
While some U.S. roles may be affected, IBM said its U.S. workforce will remain broadly flat year over year despite Nov 4 stock reaction down nearly 2%.
IBM's move mirrors other tech firms that cut jobs recently as they invest in AI, while IBM lists 2,840 openings in India and 376 in the U.S., showing talent reshuffling.

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