IBM's Silent Mass Layoffs to Last Another Month, Rumour That Another Wave is Happening Right Now
A special Halloween for some families. Posted hours ago:
Some days ago the debt-saddled IBM published disappointing results and the stock crashed. But regardless of that and irrespective of these numbers, it's already known - as per the media - that the silent mass layoffs will carry on until the end of November if not further on. This impacts subsidiaries like Kyndryl and Red Hat as well.
Perhaps the most outrageous thing about this is that IBM keeps it secret and WARN Act is ignored/bypassed, not being enforced properly. Apparently IBM slices the layoffs down into "waves" and spreads them across states to avoid divulging about 8,000 layoffs. █