The layoffs at Watson Health come a year after IBM sold data and assets of the healthcare business unit to an investment firm as part of an effort to streamline operations.
IT services spinoff Kyndryl Holdings, the other unit cutting jobs, posted flat sales in the fourth quarter.
The moves come as the company looks to highlight its cloud offerings; IBM reported an 11 percent increase in cloud revenue in 2022.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
