IBM reportedly axed as many as 100,000 employees in recent years because it wanted to appear as ‘cool’ and ‘trendy’ as Amazon or Google

A former IBM exec said IBM axed 100,000 employees because it wanted to look “cool” and “trendy,” according to a Bloomberg report.

IBM reportedly axed as many as 100,000 employees in the last few years because it wanted to appear"cool" and"trendy" like Amazon or Google, Bloomberg reported Wednesday. IBM has been hit by several age discrimination suits filed by former employees. Asked about the accusation, the company said IBM has been"reinvented to target higher value opportunities for our clients." Visit Business Insider's homepage for more stories.

IBM reportedly axed as many as 100,000 employees in the last few years because it wanted to appear"cool" and"trendy" like Amazon or Google, Bloomberg reported Wednesday. IBM has been hit by several age discrimination suits filed by former employees. Asked about the accusation, the company said IBM has been"reinvented to target higher value opportunities for our clients." Visit Business Insider's homepage for more stories.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JAY-Z Makes History as Sixth Artist With 100 Solo Appearances On Billboard Hot 100JAY-Z becomes just the sixth artist in history with 100 career solo visits to the Billboard Hot 100 chart, as “Mood 4 Eva,” with Beyonce and Childish Gambino and featuring Oumou Sangare, debuts at No. 90 on the new Aug. 3-dated ranking.
Read more »

Capital One: hacker gained access to personal information of over 100 million AmericansCapital One says a hacker gained access to over 100 million Americans' personal information. The company said it identified the hack on July 19 and the FBI has arrested the person responsible
Read more »

Capital One says hacker accessed information on more than 100 million peopleCapital One Financial Corp. said Monday afternoon that a hacker had accessed personal information of more than 100 million customers and potential customers....
Read more »

A hacker gained access to 100 million Capital One credit card applications and accountsMore than 100 million people who applied for or have Capital One credit card products have had their personal information stolen, the company says
Read more »