Report: IBM Watson Health slashes workforce
Summary
International Business Machine (NYSE:IBM) reportedly laid off 50% to 70% of the workforce at its Watson Health operation, primarily at recent acquisitions for which the tech giant paid at least $3.6 billion. The layoffs, according to a May 25 report in The Register, involve Cleveland-based Explorys and Dallas-based Phytel, which IBM acquired in April 2015 for undisclosed amounts. “Wanted to share anonymously about a massive layoff in Watson Health, potentially limited to Provider acquisitions (Phytel, Explorys, Truven). I am talking, dev freezes, project shutdowns, deadlines and SLAs breached, etc… We all knew it was coming but nobody expected it’ll be this fast and rampant…,” read another post, on TheLayoff.com. I am in the Platform for Health, LSC Infrastructure DevOps group, and have been working at IBM for two years and 11 months now,” a third told the website.