Home News N+3 compensation! - IBM laid off

N+3 compensation! - IBM laid off

2024-09-04

Share this article :

Today, IBM China confirmed to the media that IBM will completely close its R&D departments in China, including IBM China Development Center (CDL) and IBM China Systems Center (CSL), involving more than 1,000 employees. IBM will provide N+3 compensation.


Another employee revealed that all employees were called to the office today and only held a three-minute meeting to inform them of the layoffs.

IBM officials responded that this was to adjust operations as needed to provide the best service to customers, and emphasized that these changes would not affect its ability to provide support to customers in Greater China.

It is worth noting that IBM's current CEO Arvind Krishna is an Indian who carried out multiple rounds of layoffs around the world shortly after taking office in 2020.

In 2021, IBM suddenly announced the closure of IBM China Research Institute (IBM CRL), which has a history of more than 25 years. Many of IBM's well-known scientific and technological achievements come from this department, including the famous artificial intelligence program "Watson".

In addition, there are reports that the IBM layoffs can be relocated to Bangalore, India. According to job information on recruitment websites, IBM is indeed increasing jobs in India, which is in line with the "cost reduction" strategy of American companies to move jobs to India and Europe.



View more at EASELINK


HOT NEWS

Understanding the Importance of Signal Buffers in Electronics

ibm,laid,off,N+3,compensation,N+2,compensation,N+1,compensation

Have you ever wondered how your electronic devices manage to transmit and receive signals with such precision? The secret lies in a small ...

2023-11-13

Turkish domestically produced microcontrollers about to be put into production

Turkey has become one of the most important non-EU technology and semiconductor producers and distributors in Europe. The European se...

2024-08-14

How to understand Linear Analog Multipliers and Dividers?

IntroductionLinear analog multipliers and dividers are an advanced-looking device at first glance, but they're actually crucial player...

2023-09-08

Basics of Power Supply Rejection Ratio (PSRR)

1 What is PSRRPSRR Power Supply Rejection Ratio, the English name is Power Supply Rejection Ratio, or PSRR for short, ...

2023-09-26

Understanding the World of Encoders, Decoders, and Converters: A Comprehensive Guide

Encoders play a crucial role in the world of technology, enabling the conversion of analog signals into digital formats.

2023-10-20

Another century of Japanese electronics giant comes to an end

"Toshiba, Toshiba, the Toshiba of the new era!" In the 1980s, this advertising slogan was once popular all over the country.S...

2023-10-13

In 2023, ASIC chips aim at two major directions

ASIC chip (Application-Specific Integrated Circuit) is an integrated circuit designed and manufactured specifically to meet the need...

2023-10-05

Demystifying Data Acquisition ADCs/DACs: Special Purpose Applications

Introduction to Data Acquisition ADCs/DACsUnlocking the potential of data has become an integral part of our ever-evolving technol...

2023-10-12

Address: 73 Upper Paya Lebar Road #06-01CCentro Bianco Singapore

ibm,laid,off,N+3,compensation,N+2,compensation,N+1,compensation ibm,laid,off,N+3,compensation,N+2,compensation,N+1,compensation
ibm,laid,off,N+3,compensation,N+2,compensation,N+1,compensation
Copyright © 2023 EASELINK. All rights reserved. Website Map
×

Send request/ Leave your message

Please leave your message here and we will reply to you as soon as possible. Thank you for your support.

send
×

RECYCLE Electronic Components

Sell us your Excess here. We buy ICs, Transistors, Diodes, Capacitors, Connectors, Military&Commercial Electronic components.

BOM File
ibm,laid,off,N+3,compensation,N+2,compensation,N+1,compensation
send

Leave Your Message

Send