The Register article stated that the division was about to undergo a major change in focus resulting in a huge restructuring of the workforce. Further, the change was so large, the company has hired Bain to help them organize it. Some 30,000 people would be affected.
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See every recorded layoff for IBM.
AI Layoff Tracker, AskTheRecruiter.com. "IBM, 30,000 jobs (2018-01-12)." Retrieved Aug 1, 2026. Primary source: techcrunch.com.