IBM to Cut 3,900 Jobs Amid Broader Tech Slowdown

The information-technology company said a strong dollar hurt revenue. Net income climbed to $2.71 billion.
Jan. 25, 2023 - WSJ.com: WSJD - Tech

IBM tops revenue estimates, says it will cut 3,900 jobs

Growth in mainframe sales helped IBM avoid slipping back into a pattern of declining revenue. The company faces a high bar for free cash flow in 2023 and 2024.
Jan. 25, 2023 - US Top News and Analysis - Business

IBM planning to cut almost 4,000 jobs from spin-off of company, divestment from analytics business

IBM is planning to cut nearly 4,000 jobs as a result of one of its branches spinning off to become its own company and divesting a health care data analytics business. Tim Davidson, a spokesperson for IBM, said the company is laying
Jan. 26, 2023 - Just In | The Hill - Politics

IBM, Dow, SAP to cut thousands of jobs

Corporations are slashing headcount as they prepare for a slowing economy this year.
Jan. 26, 2023 - Home - CBSNews.com - Top stories

IBM, SAP are cutting thousands of jobs

IBM and SAP are the latest tech companies to slash thousands of jobs, as they reorganize businesses and profits come under pressure from a slowing global economy.
Jan. 26, 2023 - CNN.com - RSS Channel - HP Hero - Top stories

UK recruiter Robert Walters warns of hit from slowdown in US tech jobs

Shares tumble as company says full-year profit will be below expectations
Jan. 10, 2023 - UK homepage - Business - United Kingdom

The Ratings Game: Morgan Stanley reverses IBM upgrade after 9 months as stock outperforms broader market

IBM shares underperformed the broader market Wednesday after Morgan Stanley reversed a nine-month upgrade on Big Blue's stock after a defensive bet paid off
Jan. 18, 2023 - MarketWatch.com - Top Stories - Business

Google parent Alphabet to cut 12,000 jobs as tech job losses continue

Google’s parent company, Alphabet, will cut about 12,000 jobs, as tech companies across the board continue to engage in mass layoffs.
Jan. 20, 2023 - Just In | The Hill - Politics - Google

Google axes 12,000 jobs amid major tech layoffs

Silicon Valley was hit with another round of layoffs on Friday as Google announced that it would be cutting 12,000 jobs.
Jan. 20, 2023 - Home - CBSNews.com - Top stories - Google

Apple avoids cutting its staff amid several tech companies announcing layoffs

Spotify is the latest tech company to announce it will cut staff, after announcements by major firms including Google, Meta and Amazon. Meanwhile Apple remains one of the few tech companies that have avoided reducing its staff.
Jan. 24, 2023 - Home - CBSNews.com - Top stories - Apple

PagerDuty to lay off 7% of staff as tech job cuts continue

Cloud-computing company PagerDuty is joining the growing wave of technology companies laying off staff. It will reduce its headcount by about 7%
Jan. 24, 2023 - MarketWatch.com - Top Stories - Business

Spotify cutting hundreds of jobs in latest round of tech layoffs

Music streaming service Spotify announced Monday that it is slashing hundreds of jobs in the latest round of layoffs in the tech sector.
Jan. 23, 2023 - Just In | The Hill - Politics

Spotify to cut about 600 jobs in latest tech redundancies – business live

Rolling live coverage of business, economics and financial markets as UK prepares to pay households for lower energy useToday for the first time National Grid will pay households to cut back their energy use.
Jan. 23, 2023 - The Guardian - World

Spotify cuts jobs in latest round of tech layoffs

The music-streaming company says it is shedding 6% of its workforce.
Jan. 23, 2023 - BBC News - Home - Top stories

Tech Stocks: Hedge-fund billionaire: Google owner Alphabet needs to cut more than 12,000 overpaid jobs

Hedge-fund billionaire Christopher Hohn has urged Alphabet to widen its job reduction actions to at least 20% of the company, saying 12,000 layoffs are not sufficient enough to reduce the tech giant’s cost base.
Jan. 23, 2023 - MarketWatch.com - Top Stories - Business - Google

Spotify latest tech name to cut jobs, axes 6% of workforce

CEO Daniel Ek announced the restructuring in a message to employees.
Jan. 23, 2023 - ABC News: Top Stories - Top stories

Tech industry job cuts come rapidly and in big numbers

In just the past month there have been about 50,000 job cuts across the technology sector
Jan. 20, 2023 - ABC News: Top Stories - Top stories

Microsoft to cut 10,000 jobs in March as tech firms, including Amazon, thin ranks

Sector reacts to post-pandemic shift in digital spending and gloomy economic outlook for 2023Microsoft is cutting 10,000 jobs as it cited a post-pandemic shift in digital spending habits and weakness in the global economy.The tech group joined
Jan. 18, 2023 - The Guardian - World - Microsoft

Job cuts in tech sector spread, Microsoft lays off 10,000

The company said it will also be making changes to its hardware portfolio.
Jan. 18, 2023 - ABC News: Top Stories - Top stories - Microsoft

Job cuts in tech sector spread, Microsoft lays off 10,000

Jan. 18, 2023 - Yahoo News - Latest News & Headlines - World - Microsoft

Unity Software Lays Off More Workers as Tech Job Cuts Grow

The San Francisco-based provider of tools for creating videogames joined a list of tech companies that are cutting staff, saying 284 jobs would be eliminated.
Jan. 17, 2023 - WSJ.com: WSJD - Tech

Amazon to axe 18,000 workers as more US tech firms cut jobs

Amazon boss blames economic uncertainty and recent rapid hiring while Salesforce cuts 8,000 roles, almost 1 in 10 staffThe jobs purge sweeping US tech firms has escalated as Amazon expanded staff-cutting plans to affect more than 18,000
Jan. 5, 2023 - The Guardian - World - Amazon

Date:	Jan. 25, 2023 5:35 PM ET
Link:	Read more at The Wall Street Journal
Source:	WSJ.com: US Business - wsj.com

IBM to Cut 3,900 Jobs Amid Broader Tech Slowdown

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