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Story summary
- International Business Machines Corporation (IBM) plans to lay off a low single-digit percentage of its global workforce by the end of 2025, affecting 2,700 to 5,400 people.
- The move aligns IBM's strategy with artificial intelligence and software, following restructurings.
- IBM expects U.S. employment to remain flat year over year, reflecting a broader trend of staff reductions in the tech sector.
- The restructuring aims to adapt to changing client needs in AI and cloud computing.
