IBM Closes Research and Development Operations in China, Cutting Hundreds of Jobs
12 Sources
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IBM closes China R&D operations, cutting hundreds of jobs
IBM has announced it is shutting down its research and development operations in China, with hundreds of workers set to lose their jobs. The closure will impact more than 1,000 IBM workers across the country, with most of the employees affected working in R&D and testing labs. In a statement, IBM
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IBM slashes China research team as it shifts work to other regions
American tech group IBM is closing down the majority of its research and development efforts in China, becoming the latest US company to pull back from the world's second-largest economy amid increasing tensions between Washington and Beijing. Employees said more than 1,000 staff were losing their
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IBM Pulls Research Operations Out of China, Lays Off 1,000 Employees
IBM is closing its research and development operations in China, resulting in the loss of 1,000 jobs, the South China Morning Post reports, citing local Chinese news outlets. Jack Hergenrother, IBM's VP of global enterprise systems development, confirmed the R&D shutdown in China to IBM employees
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IBM reportedly shuttering its R&D hub in China - SiliconANGLE
IBM Corp. is winding down its research and development group in China, multiple publications reported today. A source told Bloomberg that the move is set to affect fewer than 1,000 employees. The Wall Street Journal put the number at more than 1,000. It's believed the R&D group focused on
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IBM says will end research and development work in China
US computer giant IBM confirmed Monday it would close its research and development arm in China. Multiple employees told AFP they had been informed during a brief meeting with US executives on Monday that the company would gut its research and development team in China and move operations to
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IBM to shut China R&D operations - report (NYSE:IBM)
IBM (NYSE:IBM) is shuttering its research and testing unit in China, a move that will affect over 1,000 jobs, Yicai reported, citing a company statement. The company is closing the IBM China Development Lab and IBM China System Lab, Yicai said, two business lines that specialize in research &
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IBM shuts China R&D operations in latest retreat by US companies
Summary The closure will affect more than 1,000 people and the functions will move to other overseas facilities. IBM is shutting down its China research and development department, the latest retreat from the country by top U.S. technology companies. The company is moving its China R&D functions
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IBM says will end research and development work in China
Beijing (AFP) - US computer giant IBM confirmed Monday it would close its research and development arm in China. Multiple employees told AFP they had been informed during a brief meeting with US executives on Monday that the company would gut its research and development team in China and move
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IBM is shutting down research labs in this country, to layoff 1000 employees - Times of India
IBM has reportedly shut down its research and development (R&D) operations in China, adding its name to a growing list of major tech companies scaling back their mainland presence due to geopolitical challenges. As per a report by a Chinese publication, IBM ceasing its China Development Lab and
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US tech giant disbands research division in China - media -- RT Business News
International Business Machines Corporation (IBM) is closing its research and development (R&D) division in China as the US tech giant pulls back from the world's second biggest economy amid growing tensions between Beijing and Washington. The shutdown of China Development Lab and China Systems
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IBM Latest US Firm To Pull Back From China
In a statement to Investopedia, an IBM spokesperson said, "IBM adapts its operations as needed to best serve our clients." IBM (IBM) reportedly is closing its China research and development (R&D) department and moving those functions overseas. The Wall Street Journal said IBM executive Jack
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IBM Shuts Down China Operations, Shifts Research to Global Offices: Report - IBM (NYSE:IBM)
IBM shifts Chinese R&D to other global offices, following U.S. semiconductor sanctions and China's economic slowdown. International Business Machines Corp IBM is laying off 1,000 employees as it shutters a fundamental research division in China. The company is shuttering two business lines
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IBM announces the closure of its research and development operations in China, resulting in the layoff of hundreds of employees. This move is part of the company's global restructuring efforts and reflects the changing geopolitical landscape.
IBM Shuts Down R&D Operations in China
International Business Machines Corp (IBM) has announced the closure of its research and development operations in China, a move that will result in the layoff of hundreds of employees. The tech giant confirmed that it will be ending its R&D work in the country, marking a significant shift in its global operations strategy
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.Job Cuts and Facility Closures
The closure affects approximately 1,000 employees across multiple locations in China, including Beijing, Zhongshan, and Shanghai
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. IBM's research lab in Beijing, which has been operational for nearly three decades, is among the facilities being shut down. This lab has been instrumental in developing various technologies, including artificial intelligence and blockchain3
.Reasons Behind the Decision
IBM cited a need to optimize its operations globally as the primary reason for this decision. The company stated that it continually evaluates its operations to ensure alignment with its focus on hybrid cloud and AI strategy
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. However, industry analysts suggest that the move may also be influenced by the increasingly complex geopolitical situation between the United States and China, particularly in the technology sector.Impact on Global Operations
While IBM is closing its R&D operations in China, the company emphasized that it will maintain a business presence in the country to serve its clients
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. The tech giant plans to relocate some of its research work to other global centers, ensuring continuity in its innovation efforts. This restructuring is part of IBM's broader strategy to streamline its operations and focus on high-growth areas.Related Stories
Industry Implications
IBM's decision to exit R&D operations in China reflects a growing trend among U.S. tech companies reassessing their presence in the country. The move comes amidst increasing tensions between the U.S. and China, particularly in areas of technology transfer and intellectual property protection. This shift could potentially impact the global tech ecosystem and the flow of innovation between the two largest economies in the world.
Employee Support and Transition
IBM has stated that it will provide support to affected employees during this transition period. The company is working to assist staff in finding new roles within IBM where possible, and providing outplacement services for those who will be leaving the company
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. The closure process is expected to be completed in the coming months, marking the end of an era for IBM's research presence in China.References
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