Allegedly More IBM RAs (Mass Layoffs) Same Day the Stock Crashed
"Persistent Systems Limited is an Indian multinational technology company based in Pune. Founded in 1990, it provides information technology and software engineering services," says Wikipedia.

"[N]ot a layoff but a few hundred (apparently) got notice yesterday morning that some legacy cloud hosted offerings were going to be managed by a third party and that their time with IBM would be done as early as Sept 1. Offer with the third party (Persistent Systems) would be coming at some point. No offer or details presented, nothing in writing, radio silence from senior management," somebody wrote some minutes ago.
No paper trail, so it never happened, right? █
