← All events
January 26, 2023
6,900
jobs displaced
2 companies
IBM 3,900
3,900 cuts tied to reorganization of Kyndryl spinoff and healthcare analytics divestiture; part of IBM's AI-first pivot.
SAP 3,000
3,000 jobs cut (~2.5% of 112K workforce) alongside plans to divest Qualtrics; CEO framed it as realignment for AI era.