Analysis Commodities News Spotlights

IBM to close China R&D department, affecting over 1,000 jobs

  • August 26, 2024
  • 2 minute read
  • 3,250 Views
post-img

IBM (IBM) will completely shutter its China R&D, with resulting layoffs affecting over 1,000 jobs, Chinese media outlet Yicai reported on Monday, citing a statement from the company.. The decision comes amid the company’s struggles with falling demand for its hardware and challenges in growth markets like China.

Previous Article

Oil Prices Rebound Amid Tensions and Worries of...

February 21, 2023
Next Article

China Weighs Removing Major Homebuying Curbs to...

September 20, 2024

Related Post

post

China Weighs Removing Major Homebuying Curbs to Boost Demand

September 20, 2024
post

Huawei ‘super fans’ fuming as left empty handed by $2,800 phone launch

September 20, 2024
post

Buy Bonds and Gold as Bubble Risk Returns

September 20, 2024

Risk Warning: Trading in commodity futures, options, foreign exchange and spread betting is a high-risk activity and may result in substantial losses. Leverage, which is commonly associated with these financial instruments, can work in your favor or against you, leading to significant financial losses. Before engaging in any trading activities, it is important to carefully consider your financial condition, investment objectives, experience level, and risk tolerance. We recommend seeking independent financial advice and thoroughly understanding all the risks involved before making a decision.
Disclaimer: The Company provides no investment advice of any kind, nor gives advice or offers any opinion or recommendation with respect to the nature, potential value or suitability of any particular securities transaction or investment strategy. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary. Market Information provided within the website is not intended as investment advice. The content on this website is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. We do not guarantee accuracy nor accept liability for any loss or damage which may arise directly or indirectly from the content or from your inability to access the website. Links to third-party sites are provided for your convenience. Such sites are beyond our control and may not follow the same privacy, security, or accessibility standards as ours. ForexFlash neither endorses nor guarantees offerings of the third party providers, nor bears responsibility for the security, content or availability of third-party sites, their partners or advertisers.



Copyright © ForexFlash.com All rights reserved.

[mstock id="67"]