IBM undergoes “massive” layoffs in Global Technology Services (GTS), other divisions

IBM is positioning itself as a leader in cloud and artificial intelligence, but on the way there it’s making some painful cuts.

Yesterday, numerous employees reported that the company was undergoing a massive layoff — or as IBM calls it, a Restructuring Action — in which it is making deep cuts across the company, particularly in Global Technology Services (GTS), where it had previously announced coming eliminations.

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