Bonum Certa Men Certa

On Wednesday IBM Announces 'Results' (Partial; Bad Parts Offloaded Later) and Red Hat Has Layoffs Anniversary

posted by Roy Schestowitz on Apr 22, 2024,
updated Apr 22, 2024

From IBM's official Web site:

IBM 1Q 2024 Earnings Announcement

This was a year ago:

There have been several occasions where we’ve had to make tough decisions at Red Hat, but no decision has been harder than the one I must communicate to you today: We will reduce the associate base of Red Hat over the next few months. Our reductions will focus on general and administrative (G&A) and similar roles across all functions and represent a reduction of just under 4% in total. We will not reduce roles directly selling to customers or building our products. Notifications will begin today in some countries, and the process will continue through the end of Q2.

There's still expectation that Red Hat will make more staff cuts. We saw 5 new comments yesterday and one that said:

wonder whats happens to all tje fedoras whem IBM lazeoff all tje redhatters LOL...my sugesstion a bonfire in dontown Raeleigh

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