EMCC European Monitoring Centre on Change

IBM

Company/Organisation:
IBM

Geographic Location

Country: Germany

Company

Sector: Information / communication
IT and other information services
63 - Information service activities
Number Employed: 10000

Employment Effects

Announcement Date: 29-10-2020
Planned Job Reductions min: 2300
Planned Job Reductions max: 2300
Type of Restructuring: Internal restructuring
Employment Effect Start: 29-10-2020
Foreseen End Date: 31-12-2020
Other Job Reduction Measures: 2300

Additional Information

As announced on 29 October 2020, the IT company IBM will be cutting 2,300 jobs in Germany due to internal restructuring. This job reduction is part of a handful of measures to optimise and simplify processes within the company. Management is planning a voluntary programme until the end of the year to achieve its goal. The trade union Verdi fears that direct dismissals might follow if this goal will not be achieved by the end of 2020 and criticises the plan.

The job reduction is overshadowed by the company’s announcement to split up its operations. The CEO of the company intends to split the IT services to a separate company, while the other part of the company will focus on Cloud Computing and Artificial Intelligence.  

IBM has 10,000 employees in Germany.