IBM has laid off a large number of employees this week and is trying to keep it quiet, our sources have said.
IBM lays off thousands of employees
An IBM employee told The Register that IBM Cloud experienced "a massive layoff" over the past few days that affected thousands of people.
"Unlike traditional layoffs, this one was done in secret," the insider said. "My boss told me they had to sign an NDA not to talk about the details."
Several postings on message boards focusing on the layoffs and confirming accounts with other sources familiar with the IT giant's operations indicate that the cuts are large.