IBM to Lay Off Dozens of Employees in Tel Aviv Development Center
IBM currently employs some 2,000 people in five locations in Israel, and the downsizing is part of a global reorganization push the company is undergoing
IBM declined to disclose which departments will be impacted by the downsizing, but according to the anonymous tip, it is related to IBM’s plans to withdraw support from several versions of its XIV Gen3 storage system as of October 2019.
“IBM’s storage product is not being canceled, and is still available to clients and will continue to be supported for many years to come,” an IBM Israel spokesman stated in reply to Calcalist's request for comment. “IBM is continuing to reorganize the teams’ retirement in a way that suits the company’s focus on high profit sectors of IT,” he added. “At the same time, IBM is continuing to recruit employees in new and meaningful fields, providing value to customers and to the company.”