IBM said it has begun making plans to lay off a large number of employees. This will be done as part of a serious restructuring of the company, which wants to significantly change its structure and enter new markets. Today in IBM The company employs about 434,000 people worldwide. About 8,000 of them are expected to be laid off within a year. It is reported that 1,300 workers from the U.S. have already lost their jobs. The company will spend about 1 billion dollars to put these plans into practice.
Dismissals are taking place in various departments. For example, 165 people left the development department, and another 222 dismissed employees were engaged in software sales. It seems that the layoffs will affect all departments of the company.
IBM announced its restructuring plans back in April 2012.