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IBM India Denies Report Of 5,000 Possible Layoffs In Coming Months
A report suggested that IBM India could let go at least 5,000 employees IBM denied the report as "factually incorrect." IBM's India unit has around 1,50,000 employees
16 May 2017, 09:51 PM IST 
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IBM denied news that it will layoff 5,000 employees in India
IBM India has denied a report which says that the IT company may let go at least 5,000 employees in coming months. "This is factually incorrect. We are not going to comment further on rumours and speculation," an IBM India spokesperson said in an emailed statement to NDTV. The report citing sources familiar with the development said IBM India could let go at least 5,000 employees in the coming quarters and the "process has started. M...
