IBM cuts 3,900 jobs after muted consulting demand hits quarterly revenue
Bangalore, 26/1: IBM Corp on Wednesday said it would lay off 3,900 people as part of some asset divestments and posted flat fourth-quarter revenue due to lacklustre demand for its consulting services. Big Blue spun off its large and laggard managed infrastructure business, now called Kyndryl, in late 2021 to focus on its…
