In the Q1 Earnings press release (April 22, 2026), WAY down to the financial tables section titled: “GAAP NET INCOME TO ADJUSTED EBITDA RECONCILIATION” inside the table, you will see this line: “Workforce rebalancing charges”
And see the number is $0.3 Billion for 2026, same as 2025 for the 2 months ending in March 31.
Workforce Rebalancing Charges means a one time charges for laying off employees, closing facilities, or changing management.
If IBM continues to use an average cost of $150K per employee, then $300 Million translates into ~2,000 employees.
This is consistent with what they said in January 2026 at the 4Q Earnings call.
Here's the link to the 1Q Earnings press release:
https://newsroom.ibm.com/2026-04-22-IBM-RELEASES-FIRST-QUARTER-RESULTS?utm_source=chatgpt.com