IBM has revealed that most of the laid off employees are related to its Kyndryl Business spinoff division. It said that 300 million dollars were spent for this purpose in the January-March period. The IT industry company has explained that it is to reduce these costs.
Is there such a demand for tea? Rent Rs.3.25 lakhs per month..45 lakhs advance..
In the background of these job cuts.. IBM company shares fell. The number of layoffs now represents 1.5 percent of IBM’s total workforce. In this background, the sentiment of the investors has been damaged due to the removal of these people at once. Investing.com senior analyst Jesse Cohen said that the share fell. IBM projects revenue growth of over 5.5 percent in 2022. It is remarkable that this is the highest in the last decade.
Adani, who lost thousands of crores in a single day.. is down in the list of Kuberas.. Mukesh Ambani is out!
Inflation is rampant due to rising prices. Due to this, the respective banks are increasing the interest rates. This is raising fears of an economic recession. Concerned that things will get tougher ahead, companies are already laying off workers in large numbers to cut costs. Recently, e-commerce giant Amazon has announced that it is laying off 18 thousand people at once. Later, Microsoft and Google also announced that they will lay off a large number of employees.
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