IBM is apparently planning the most devastating jobs cuts in business history, with a reported 110,000 employees from a global workforce of 435,000 facing redundancy, US Forbes has reported.

IBM is apparently planning the most devastating jobs cuts in business history, with a reported 110,000 employees from a global workforce of 435,000 facing redundancy, US Forbes has reported.
IBM will favour buyouts that strengthen its cloud services, the company’s CFO has said, as it looks for ways to expand its business after 11 straight quarters of declining revenue.
IBM took the wraps off a new mainframe computer on Tuesday, promising it will help customers to detect more fraud in real time and plow through billions of transactions generated each day by smartphones and tablets.
IBM is building out its global computing network in a bid to focus on the enterprise cloud market, announcing that it is adding cloud centres in 11 new locations.
IBM and Apple have unveiled the first results of their enterprise IT partnership: 10 mobile applications aimed at businesses in six industries as well as government users.
The export agency of the Irish government responsible for development and growth of Irish enterprises in overseas markets, Enterprise Ireland, held a one-day technology forum in Riyadh last month, providing a platform for Irish and Gulf business communities to network and share best practices.
IBM and Twitter have announced a partnership that will merge Twitter’s massive flows of social media data with Big Blue’s analytics software, including Watson.
Ingram Micro has commenced its delivery of authorised IBM systems and software training in the Middle East, effective from this month.
IBM CEO Ginni Rometty is moving quickly to quell concerns about the company’s sinking earnings and decision to pay more than a billion dollars to cast off its money-losing microelectronics business to GlobalFoundries.
IBM will sell the semiconductor technologies unit that makes its Power processors to Abu Dhabi-owned GlobalFoundries, paying the chip manufacturer about US$1.3 billion to take two factories off its hands in a move to erase losses.
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