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Companies That Have Conducted Mass Layoffs In 2023. See List
Roughly 1,21,205 people have lost their jobs since the beginning of this year with 84,714 employees being laid off in January and 36,491 in February.
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IBM Warns of $3.5 Billion Forex Hit as Quarterly Earnings Beat Estimates
IBM announced that it had beat quarterly revenue expectations on Monday. However, the 110-year-old IT firm warned that foreign exchange could cause a revenue hit of 6 percent this year on the back of a strong dollar. Other firms like Microsoft and Salesforce have also tempered expectations thanks to a hawkish Federal Reserve and heightened geopolit...
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IBM Revenue Misses on Weakness in Legacy Infrastructure Unit
IBM missed market estimates for quarterly revenue as its managed infrastructure business suffered from a decline in orders ahead of a spinoff next month, sending its shares down 4 percent in extended trading.
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IBM Posts Gains as Customers Accelerate Shift to Cloud
IBM beat estimates for second-quarter profit on Monday and signalled that demand in its cloud computing business would get a boost as large corporations accelerate their digital shift due to the coronavirus crisis.
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Arvind Krishna Named IBM CEO: All You Need to Know About the IITian Replacing Ginni Rometty
Arvind Krishna, the newly-appointed CEO of the world's oldest technology company IBM, has joined the high-profile league of Indian-American honchos who are calling the shots at the $1-trillion strong companies in the Silicon Valley.
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IBM Posts Better-Than-Expected Earnings on Cloud, Services Growth
IBM also forecast 2019 profit above expectations on Tuesday, showing CEO Rometty's efforts were bearing fruit.
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IBM Reports Mixed Earnings, Profit Tops Estimates But Revenue Misses
Revenue in IBM's technology services and cloud platforms business - its largest - fell 5.1 per cent to $8.41 billion. Analysts on average had expected $8.58 billion, according to financial data and analytics firm FactSet.
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IBM Forecasts Weak Earnings for 2016
The strong dollar shaved off $7 billion from IBM's 2015 revenue and reduced its profit by $300 million in the fourth quarter.
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IBM Plays Down Earnings Miss as Part of Evolution
"We are 104 years old; the reason we are the only company still here is because we have transformed."
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IBM reports Q4 earnings, hardware revenue falls for ninth straight quarter
CEO Ginni Rometty and her team will forego their annual incentive payments for 2013.
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IBM's third-quarter earnings drop, attributed to slowing China growth
Despite beating earnings estimates, IBM's third-quarter revenues did worse than expected by Wall Street.
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IBM posts stronger than expected quarterly results
IBM beat second-quarter earnings estimates thanks to growth in its mainframe and software units, but missed on revenue.
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Software growth helps IBM boost 4Q earnings
IBM is seen as a good gauge of technology demand because it sells to major companies and governments around the world.
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IBM Q3 revenue hurt by strong dollar
IBM reiterated its outlook for the year, targeting earnings per share of at least $15.10.
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IBM to trim jobs, wants to sustain earnings streak
IBM sustained its nearly decade-long streak of earnings growth as it shook off the economic jitters that have undercut several other technology companies.
-
Companies That Have Conducted Mass Layoffs In 2023. See List
Roughly 1,21,205 people have lost their jobs since the beginning of this year with 84,714 employees being laid off in January and 36,491 in February.
-
IBM Warns of $3.5 Billion Forex Hit as Quarterly Earnings Beat Estimates
IBM announced that it had beat quarterly revenue expectations on Monday. However, the 110-year-old IT firm warned that foreign exchange could cause a revenue hit of 6 percent this year on the back of a strong dollar. Other firms like Microsoft and Salesforce have also tempered expectations thanks to a hawkish Federal Reserve and heightened geopolit...
-
IBM Revenue Misses on Weakness in Legacy Infrastructure Unit
IBM missed market estimates for quarterly revenue as its managed infrastructure business suffered from a decline in orders ahead of a spinoff next month, sending its shares down 4 percent in extended trading.
-
IBM Posts Gains as Customers Accelerate Shift to Cloud
IBM beat estimates for second-quarter profit on Monday and signalled that demand in its cloud computing business would get a boost as large corporations accelerate their digital shift due to the coronavirus crisis.
-
Arvind Krishna Named IBM CEO: All You Need to Know About the IITian Replacing Ginni Rometty
Arvind Krishna, the newly-appointed CEO of the world's oldest technology company IBM, has joined the high-profile league of Indian-American honchos who are calling the shots at the $1-trillion strong companies in the Silicon Valley.
-
IBM Posts Better-Than-Expected Earnings on Cloud, Services Growth
IBM also forecast 2019 profit above expectations on Tuesday, showing CEO Rometty's efforts were bearing fruit.
-
IBM Reports Mixed Earnings, Profit Tops Estimates But Revenue Misses
Revenue in IBM's technology services and cloud platforms business - its largest - fell 5.1 per cent to $8.41 billion. Analysts on average had expected $8.58 billion, according to financial data and analytics firm FactSet.
-
IBM Forecasts Weak Earnings for 2016
The strong dollar shaved off $7 billion from IBM's 2015 revenue and reduced its profit by $300 million in the fourth quarter.
-
IBM Plays Down Earnings Miss as Part of Evolution
"We are 104 years old; the reason we are the only company still here is because we have transformed."
-
IBM reports Q4 earnings, hardware revenue falls for ninth straight quarter
CEO Ginni Rometty and her team will forego their annual incentive payments for 2013.
-
IBM's third-quarter earnings drop, attributed to slowing China growth
Despite beating earnings estimates, IBM's third-quarter revenues did worse than expected by Wall Street.
-
IBM posts stronger than expected quarterly results
IBM beat second-quarter earnings estimates thanks to growth in its mainframe and software units, but missed on revenue.
-
Software growth helps IBM boost 4Q earnings
IBM is seen as a good gauge of technology demand because it sells to major companies and governments around the world.
-
IBM Q3 revenue hurt by strong dollar
IBM reiterated its outlook for the year, targeting earnings per share of at least $15.10.
-
IBM to trim jobs, wants to sustain earnings streak
IBM sustained its nearly decade-long streak of earnings growth as it shook off the economic jitters that have undercut several other technology companies.
