IBM plans to cut thousands of jobs by the end of the year as the large Triangle employer and owner of the Raleigh software provider Red Hat continues its swing toward software and artificial intelligence.
Layoffs will affect “a low single-digit percentage of our global workforce,” IBM said in a statement Wednesday. “While this may impact some U.S.-based roles, we anticipate that our U.S. employment will remain flat year over year,” the company added.
IBM began this year with more than 270,000 employees worldwide, meaning even a 1% staff reduction could eliminate a few thousand positions. The company did not share layoff details by location or office. Bloomberg first reported IBM’s layoff announcement Tuesday…