To date, 204 tech firms have cut almost 50,000 jobs. January represented the business month for the reductions. In addition to the aforementioned IBM layoffs, Alphabet (NASDAQ:GOOG, NASDAQ ...

IBM wouldn’t directly confirm job cuts. But in a statement sent to CRN, a spokesperson noted an extension of medical insurance benefits for employees who were recently let go from the company.

IBM’s Finance & Operations teams given an ultimatum Workers told they must move closer or accept a redundancy package Expensive workers will be replaced with new recruits and AI IBM has enforced ...

Companies such as CNN, Dropbox, and IBM have previously announced job cuts related to AI. Tech jobs in big data, fintech, and AI are meanwhile expected to double by 2030, according to the WEF.

The job cuts could ultimately be the biggest in U.S. history. IBM's purge of about 60,000 workers in 1993 is thought to be the largest corporate layoff. Federal workers may struggle financially.

STORY HIGHLIGHTS IBM combines Red Hat middleware teams with its Data Security unit. No job cuts planned as teams merge to fortify product roadmaps. Transition aims to unify Java ecosystem strategy ...

Workers in Deloitte's and Accenture's federal divisions told Business Insider they're anxious about what DOGE's cost-cutting could mean for them.