Rumours of IBM Layoffs Again, This Time Marketing
IBM does not deny that there are mass layoffs this year (worldwide, not only "expensive" countries), it just batches and keeps numbers low enough to evade disclosure/transparency rules (for instance, lay off no more than 20 people per site per time period).
Here's a clue as to where cuts are happening this week:
They typically keep quiet when that happens in marketing. It's "bad marketing" to talk about layoffs. █