Skip to content

IBM Spinoff Kyndryl Cuts ‘Small Percentage’ of 90,000 Workforce

Kyndryl Holdings Inc., a 2021 spinoff from IBM with about 90,000 employees worldwide, is the latest technology company to shed workers in a turbulent time for the industry.

The company announced cuts internally this week that amounted to a “small percentage” of Kyndryl’s global workforce, a company spokesperson said Wednesday. “These actions will enable us to focus our investments in areas that directly benefit our customers and position Kyndryl for profitable growth,” he said.