IBM to close China R&D department, affecting over 1,000 jobs

IBM to completely shut down its China R&D operation, impacting over 1,000 jobs.

For 2024, addressing these inhibitors would be a priority like providing people with the relevant skills to work with AI and having a robust AI governance framework, according to the report. (File Image)

IBM opens new tab will completely shut its China R&D operation, affecting more than 1,000 jobs, the U.S. technology company said on Monday.

A spokesperson for IBM, currently the world’s biggest technology services company, confirmed earlier media reports in a statement to Reuters, saying “these changes will not impact our ability to support clients across the Greater China region.”

The cuts come amid the company’s struggles with falling demand for its hardware and challenges in growth markets like China.