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IBM to reduce 5k employees in India

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  • IBM to reduce 5k employees in India

    IBM is expected to lay off a few thousand people in India in the coming months as the company moves towards newer technologies such as cloud computing and mobile and as it seeks to deal with dropping revenues and growing margin pressures.

    Multiple sources put the likely figure in India at about 5,000 employees, though they also said many of these could be replaced by contract staff. This will help margins, and facilitate just-in-time hiring in the current volatile market.
    Web design company

  • #2
    This is really shocking news if this happen then it will be very difficult for those people who layoff from their jobs.

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