That division of the company employs 103,000 workers, and as part of the reassignment, job losses through attrition could reach 10,000.
IBM beat revenue expectations in its last quarterly results released in October after posting 22 straight quarters of declines, The Register reports.
An IBM spokesperson would neither confirm nor deny the reassignments, but told The Register, “As IBM has said in the past, we are focused on redeploying and reskilling our workforce globally, and IBM is substantially increasing its investment in professional development and technical training to focus on our strategic initiatives.”
More articles on health IT:
EHR data show this year’s flu season similar to 2014-15’s aggressive outbreak: 5 things to know
Cerner names Neal Patterson’s replacement: Brent Shafer to serve as CEO
Down the halls of Epic’s campus: Treehouses, waterfalls & more — 8 things to know
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
