Language Selection

English French German Italian Portuguese Spanish

IBM to axe 13,000 jobs worldwide

Filed under
Misc

Most of the job losses, about 4% of IBM's total workforce, will hit the group's European operations as the firm looks to focus on high-growth markets.

The move will lead to a one-off pre-tax charge of between $1.3bn (£684m) and $1.7bn, the company added.

The company employs 100,000 staff in Europe, with about 25,000 of those working in the United Kingdom.

The extent of the job cuts in the UK is not yet clear, although there are fears that 2,800 staff at the company's centre in Greenock, Scotland could be among the worst affected.

European worries

The news comes just weeks after IBM reported worse-than-expected earnings in the first quarter.

The New York-based firm blamed a failure to close business deals and slow economic growth in key European markets.

Full Story.

Further Coverage.

More in Tux Machines

Video of AsteroidOS

KDevelop 5.2.2 and 5.2.3 released

KDevelop 5.2.2 and 5.2.3 released We today provide a stabilization and bugfix release with version 5.2.2 and 5.2.3. 5.2.2 was tagged 6 weeks ago, but we never managed to release it because we did not have the patience to fix the Windows installers in time due to a broken CI. Windows installers are provided for 5.2.3 again. We'll only provide source tarballs for 5.2.2 and we encourage everyone to just skip this release and use 5.2.3 which contains a few more bug fixes. This is a bugfix-only release, which introduces no new features and as such is a safe and recommended update for everyone currently using KDevelop 5.2.1. Read more Also: This week in Usability & Productivity, part 19

FreeOffice 2018 Release is Seamlessly Compatible With MS Office on Linux

FreeOffice 2018 has just been released and it provides even better support for Microsoft Office documents on Linux. Read more

Android Leftovers