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They must be within 50 miles of one of these sites.
If not, they will be offered severance.
IBMs RTO mandate pushed employees to resign voluntarily, therefore avoiding formal layoffs, hence the soft layoff description.
Previously, the company has faced allegations of discrimination when enacting layoffs.
I’m proud of the work the IBM team has done to meet or exceed our commitments.
Quarterly and full-year revenue were up just 1% year-over-year.
IBM hopes for 5% revenue growth in 2025.
