IBM cuts jobs around U.S. as new CEO looks for revival

IBM cuts jobs around U.S. as new CEO looks for revivalIBM told the Wall Street Journal it is laying off an undisclosed number of workers across the U.S. IBM representatives didn't return numerous calls and emails Friday to confirm the job cuts, which were also reported by Bloomberg. The already-struggling tech giant's new CEO Arvind Krishna warned investors last month of uncertainty caused by the COVID-19 pandemic, saying the company made a “tough decision” to withdraw revenue projections for the rest of 2020.