IBM Closes China R&D Operations
This is a China news story, published by PCMAG, that relates primarily to IBM news.
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•IBM Pulls Research Operations Out of China, Lays Off 1,000 Employees
69% Informative
IBM is closing its research and development operations in China , resulting in the loss of 1,000 jobs.
IBM 's revenue from China fell nearly 20% last year amid ongoing tech industry tensions between the US and China .
IBM is planning to hire R&D staff in other locations, like India , according to employees familiar with the plans.
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