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Washington

IBM layoffs: the latest Western firm to retreat from China

IBM is cutting more than 1,000 jobs in China, according to multiple state media reports, as geopolitical tension between Beijing and Washington prompts many global companies to reassess their future in the world’s second-largest economy.

By: Cable News Network
  • Aug 27 2024
  • 38
  • 4538 Views
IBM layoffs: the latest Western firm to retreat from China
IBM layoffs: the latest Wester
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — IBM is cutting more than 1,000 jobs in China, according to multiple state media... [3875 chars]

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