⏩1,600 IBM China employees lost access to their work portals overnight
⏩Are these jobs moving to BANGALORE, India?
⏩Is this DECOUPLING TREND between the U.S. and CHINA?
⏩MICROSOFT, just months ago, laid off around 700 to 800 odd AI EMPLOYEES in China
⏩Is this linked to GEOPOLITICAL FACTORS-particularly the ongoing U.S.-CHINA TRADE WAR?
⏩Did IBM missed out on the CLOUD COMPUTING REVOLUTION?
⏩Is this WAKE-UP CALL for China’s tech industry?
On August 23, 2023, in a SHOCKING and unprecedented move, IBM officially pulled the plug on its China operations, LAYING OFF over 1,600 of its R&D staff in a single 3-MINUTE CALL.
This abrupt shutdown of IBM’s RESEARCH AND DEVELOPMENT (R&D) DEPARTMENTS in China, a country where IBM has maintained a strong presence for OVER 40 YEARS, is sending shockwaves across the globe.
IBM’s decision has sparked intense debate, with many pointing out the DECOUPLING TREND between the U.S. AND CHINA. Major U.S. corporations, including MICROSOFT and ORACLE, have already started MOVING OUT of China. The GEOPOLITICAL TENSIONS and TRADE WARS are forcing companies like IBM to rethink their strategies. Experts are even saying IBM’s exit signals a new era in the global tech landscape.
China was IBM's most comprehensively structured market outside of the U.S.. But over the years, IBM has seen its revenue from China DECLINE DRASTICALLY. In 2021, IBM’s revenue from China was DOWN TO 19.6%, and while IBM’s overall revenue in the Asia-Pacific region increased by 1.6%, its China market continued to shrink.
MICROSOFT, just months ago, laid off around 700 to 800 odd AI EMPLOYEES in China, while ORACLE and YAHOO made their exits in previous years.
Despite the official narrative, many believe IBM’s sudden exit is linked to GEOPOLITICAL FACTORS-particularly the ongoing U.S.-CHINA TRADE WAR. The recent BIDEN ADMINISTRATION REGULATIONS targeting high-tech sectors, especially CHIPS AND AI, are pushing American companies to DECOUPLE FROM CHINA.
IBM’s swift exit is a WAKE-UP CALL for China’s tech industry. For decades, foreign giants dominated the Chinese market, but now it’s up to Chinese companies to FILL THE VOID and drive their own INNOVATION.
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7 окт 2024
