IT Sectors have faced dark era of layoffs including 5,000 at Microsoft and another 5,000 to 6,000 at Intel. Thus far, while IBM has yet to comment publicly on any layoffs.
Triangle Business Journal reported circulating Wednesday that Big Blue is about to cut more than 5,000 jobs in its services unit
IBM, which now earns around two-thirds of its revenue from outside the United States, has been expanding its workforce in emerging markets like India and China.
IBM will cut about 5,000 jobs in the United States, adding to similarly large cuts in the past few months, sources with knowledge of the matter told Reuters on Wednesday with its transfer of workforce in India and China.
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