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They've been going through cycles of doing that for many years. Their head count has dropped by about a third in the last decade. It peaked at 460K people in 20

They've been going through cycles of doing that for many years. Their head count has dropped by about a third in the last decade. It peaked at 460K people in 2012 and they are now closer to 340K. So -120K people in ten years. https://www.macrotrends.net/stocks/charts/IBM/ibm/number-of-employees https://www.macrotrends.net/stocks/charts/IBM/ibm/number-of-... What they just announced is a relatively minor round.

bonzini 4y ago
That source doesn't seem too accurate, 2020 is shown as a decrease but it's when RH was acquired, and 2021 or 2022 should have had a -90K from the Kyndryl spin off. Also I am not sure if the 2014 decrease is also related to the formation of GlobalFoundries but I couldn't right away find news about a -80K layoff that year.