Thread regarding IBM layoffs

India a top market for IBM in 2017

In India though, revenue rose, sometimes sharply. It was Rs 23,005 crore in 2015-16 and Rs 32,325

crore, or approximately $5 billion, in 2016-17. That means India accounts for over 6% of IBM’s revenue.

In export IT services, India is perhaps IBM’s biggest operation.

India has IBM’s biggest employee base — an estimated 1,30,000 of the overall 3,80,000. And a good

proportion of them are in the IT services business that competes with those like TCS, Infosys, Wipro

and Accenture.

So should we get a poll going to guess how many more employees IBM India will have by the end of 2018?

https://economictimes.indiatimes.com/tech/hardware/india-a-top-market-for-ibm-in-2017/articleshow/63144018.cms

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| 898 views | | 2 replies (last March 4, 2018) | Reply
Post ID: @OP+S1W1LO6

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support pakistan!

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Post ID: @alj+S1W1LO6

I would guess IBM wants IBM India to hit 145k - 165 k worth of heads before all is said and done. That nets out to approx 50 - 60 % of total headcount world wide. In 4th q earnings, IBM said they were approx 80-85% finished right sizing. Take the 130 and do the math. 130/.85 = 153k. Or. 130/.8 = 163 k

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Post ID: @nqw+S1W1LO6

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