Companies that are rapidly recruiting and growing with the momentum they have gained in recent years have begun to bleed in recent months. Finally one of the world’s largest technology companies IBMannounced that it would lay off thousands of employees.
In the statement shared by the company, the total 3,900 employees It was said that he would be fired. The number corresponds to 1.5% of the company’s total workforce. But the layoffs have a different motive than other tech companies.
The layoff is a reflection of the divisions the company previously sold to:

IBM had ended its legacy services business in 2021 to focus on cloud technology. It also sold the Kyndryl and Watson Health divisions in November 2021 and January 2022, respectively.
Resigned after these divisions left IBM employees who remain in the company will cover. Dismissals, security and payments to the employees and the company 300 million dollars it will cost.
On the other hand, IBM does not have a negative view of its revenue in 2023. In 2023, the company $10.5 billion in sales predicts that he will succeed.