IBM's Stealth Layoffs: Thousands Affected as Company Cuts Jobs in Silence 📉

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Summary:

  1. Massive Job Cuts
    IBM has reportedly laid off thousands of employees this week, particularly within its Cloud division, in a move described as unusually secretive.

  2. NDA Requirements
    Affected employees were reportedly required to sign NDAs, preventing them from discussing the specifics of the layoffs, leading to concerns about transparency.

  3. Company Response
    When questioned about the layoffs, IBM only confirmed a previously announced workforce rebalancing charge, maintaining they expect to end the year with a similar level of employment.

Read more at: The Register