Articles for tag: China, Cuts, Exits, IBM, Job, Rising, Tech, Tensions, USChina

IBM Exits China: Job Cuts Amid Rising US-China Tech Tensions

IBM is planning to scale back its operations in China, reportedly due to rising tensions between the US and China, as well as a decline in the Chinese economy. The company is cutting about 1,000 jobs in major cities like Beijing, Shanghai, and Dalian and is ending its research operations in China after 25 years. ...