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IBM to reassign 30 pct of Global Services staff in 2018 - The Register

Reuters  |  LONDON 

(Reuters) - plans to reassign up to 30 percent of staff in its 103,000 computer service delivery business this year with job cuts through attrition of around 10,000, reported on Thursday, citing unnamed company insiders.

"We do not comment on speculation," an said, asked about the report.

published a slide it said was from an internal document, which showed 10,100 classified as "attrition w/o backfill".

"Many consultants recommend things to IBM, many of which remain merely recommendations," said.

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.

Shares of were little changed in morning trade.

(Reporting by in Frankfurt and writing by Patrick Graham; Editing by Bernard Orr)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 11 2018. 21:43 IST
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