IBM has notified the North Carolina Department of Commerce that it will layoff 72 employees at its Winston-Salem office, with cuts taking effect May 30.
What’s Happening?
- The layoffs primarily affect process delivery specialists.
- IBM has not disclosed how many jobs have been cut at its Research Triangle Park (RTP) campus, where it has had a major presence since the 1960s.
- The company announced a "workforce rebalancing" plan for 2025, similar to its 2024 job cuts, affecting thousands of U.S. employees.
- According to the news outlet The Register, IBM plans to cut thousands of U.S. positions this year, with a portion of the jobs moving outside the USA. The company has not confirmed this report.
IBM’s Shrinking Presence in North Carolina
- IBM has fallen from Durham County’s No. 2 largest employer in 2016 to No. 7 as of last summer.
- In December 2023, IBM sold a four-building campus near RTP for $66 million, choosing to lease instead.
Broader Layoff Trend
IBM isn't the only company cutting jobs in North Carolina:
- Panera Bread is closing a Greensboro production facility on May 21, impacting 80 employees.
What Do You Think?
How will IBM's job cuts affect North Carolina’s workforce? Should companies be more transparent about layoffs? Share your thoughts!