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Jan 11, 2018 07:21 PM IST | Source: Reuters

IBM to reassign 30 percent of workforce in 2018

The news site published a slide it said was from an IBM internal presentation, which showed 10,100 jobs classified as "attrition w/o backfill".

International Business Machines Corp (IBM) plans to reassign up to 30 percent of staff in its 1,03,000 computer service delivery business this year with job losses through attrition of around 10,000, technology website The Register reported on Thursday, citing unnamed company insiders.

The news site published a slide it said was from an IBM internal presentation, which showed 10,100 jobs classified as "attrition w/o backfill".

IBM, one of the world's original PC producers but now a broad-based producer, integrator and software maker, beat expectations for revenue in its last quarterly results in October after 22 straight quarters of declines.

Spokesmen for IBM declined to make any immediate comment.
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