Loading...
Loading...
Browse all stories on DeepNewz
VisitWill IBM complete the shutdown of its R&D department in China by the end of 2024?
Yes • 50%
No • 50%
Official announcements from IBM or credible news sources
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.
View original story
Cost optimization • 25%
Strategic realignment • 25%
Geopolitical tensions • 25%
Other • 25%
Less than 500 • 25%
500 to 750 • 25%
751 to 1000 • 25%
More than 1000 • 25%
Bengaluru • 25%
United States • 25%
Europe • 25%
Other • 25%
More than 10,000 • 25%
7,500-10,000 • 25%
5,000-7,500 • 25%
Less than 5,000 • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Other • 25%
Increase investment in other areas • 25%
Partnerships with local firms • 25%
Further downsizing • 25%
Transferred to partner companies • 25%
Other • 25%
Reassigned within IBM • 25%
Laid off with severance • 25%