IBM to Shut Down China R&D Department, Affecting 1,000 Employees

Aug 26, 2024, 02:18 AM

International Business Machines Corp (IBM) has reportedly cut off intranet access for over 1,000 employees in its research and development (R&D) and software testing positions in China without prior notice. The move affects several development centers and is part of a broader plan to shut down its entire R&D department in the country. IBM China has stated that these changes will not impact their ability to support local clients. The company is expected to announce possible position changes around mid-week.