Last updated on March 9, 2021
IBM Germany plans to cut more than 2,300 jobs in the fourth quarter of 2020. The employees were informed of this on October 29, 2020. As Golem.de has learned from company-related circles, 30,000 to 40,000 jobs are likely to be destroyed in the IBM group worldwide. 10,000 of them in Europe alone.
Toni Sacconaghi of analyst firm Bernstein said in a statement to investors in October that the split from IBM creates a free ticket " for more restructuring – we estimate that this could be more than 20,000 positions," reports The Register . IBM has over 350,000 employees worldwide. IBM will be split into two separate companies. The current core will continue to focus on software and growth in the cloud space. The new company will offer managed infrastructure services, including technical support for data centers and bare metal hosting.
According to the Verdi union , the executive boards of the Verdi company groups have issued a joint statement against further job cuts. "The announcement came only a few weeks after the announcement by the IBM management from Armonk that IBM would split up. Although attempts are being made to implement this through voluntary offers, it is hardly conceivable that this will succeed it is to be expected that layoffs are threatened in all IBM group companies. "
One can certainly understand that an innovative IT group is in a constant process of transformation. However, one calls on the IBM to involve its own employees and to keep their skills up to date through qualifications and other measures. Even in the crisis, IBM generates profits, increases the dividend and under no circumstances has to cut staff.
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