Voluntary redundancies | IBM asks HR staff to come forward for layoffs amid cost cutting

IBM has asked its staff to volunteer for redundancy amid another round of global job cuts, with a significant portion of these cuts happening in Human Resources.

The reason for the job cuts, which the company has called ‘resource action’ instead of layoffs, is reportedly out of a desire to restructure the firm, instead of it solely being based on financial strain.

A majority of the expected cuts (80%) are set to take place towards Enterprise Operations & Support (EO&S) and Finance Operations, this includes CIO, Procurement, Marketing and Comms, and HR.

The cuts will reportedly affect IBM’s Europe branch the most, with 50% of the layoffs set to take place in the continent. A third of the layoffs will take place in IBM’s International Centre in Bratislava, Slovakia, whilst another chunk of redundancies will take place at its Centre in Hungary.