IBM: Many Thousands of Layoffs in 2025
Ignore the hype from Wall Street media, which mostly acts as a smokescreen [1, 2] by parroting the PR people. Instead, consider what's shared privately by the CEO in the investors' forum or call: (and after market close; almost nobody reads this)
Hours ago, regarding "25% of Finance" rumoured to let go, somebody wrote: "Well, they got rid of about 50% last March and it hurt teams badly to the point people were overworked. They add another 25% with this colocation nonsense and they're going to burn out the few folks left."
IBM is basically shrinking and offshoring. The salaries shrink, so that's not what can be counted as growth. There's also considerable debt.
In 2024 IBM laid of about 10,000 workers, not counting all the workers it pushed out using "co-location mandates", PIPs, and RTO.
If 2025 is expected to be the same, then perhaps about 20,000 IBM workers will no longer be there (either laid off or made to leave). █