International Business Machines Corp. will cut thousands of workers this quarter while it continues to shift the focus of its business to higher-growth software and services.

American and German software companies IBM and SAP announced Thursday that they will cut thousands of jobs as they become the latest tech firms reducing workforce due to dwindling income amid slowdown ...

INTERNATIONAL Business Machines (IBM) delivered a positive outlook for revenue and cash flow in 2024, an optimistic signal for the pace of corporate technology spending, even as it expects to reduce ...

ARMONK, New York – IBM and European-based SAP are the latest big tech companies to shed workers. IBM, based in Armonk, N.Y., announced Wednesday that it’s cutting 3,900 jobs – about 1.5% of the ...

IBM will acquire German software company Software AG's enterprise technology platforms for $2.33 billion to enhance its AI and hybrid cloud offerings. The platforms, StreamSets and webMethods, provide ...

IBM Corp. today announced plans to acquire Software AG’s StreamSets and webMethods application integration platforms for €2.13 billion, or about $2.33 billion, in cash. The deal comes only months ...

IBM and SAP are the latest tech companies to slash thousands of jobs, as they reorganize businesses and profits come under pressure from a slowing global economy. In a live streamed presentation to ...

(Reuters) - IBM said on Monday it will acquire technology spend-management platform Apptio from Vista Equity Partners for $4.6 billion in cash, in the latest deal to bolster its capabilities in cloud ...

FRANKFURT Dec 18 (Reuters) - IBM (IBM.N), opens new tab said on Monday that it would buy Software AG's (SOWGn.DE), opens new tab enterprise integration platforms for 2.13 billion euros ($2.33 billion) ...

IBM IBM is taking over software company Apptio in a $4.6 billion cash purchase from Vista Equity Partners CEO Arvand Krishna has made 30 acquisitions since his tenure began in 2020 IBM stock was up ...