IBM (NYSE:IBM) has reportedly laid off 50% to 70% of the workforce at its Watson Health operation, primarily at recent acquisitions for which Big Blue paid at least $3.6B.
Those include cloud-based services Explorys and Phytel, as well as medical image company Merge Healthcare and Truven Health Analytics.
One former employee wrote “the message was that there are about 7,000 people in Watson Health today and this was a cost-cutting exercise.”
Statement from IBM: IBM is continuing to reposition our team to align with our focus on the high-value segments of the IT market. We continue to hire aggressively in critical new areas that deliver value for our clients and IBM.
We’re not discussing specific numbers of employees affected, but it’s a small percentage of our global Watson Health workforce, as we move to more technology-intensive offerings, simplified processes and automation to drive speed.
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