IBM Trading Volume Drops 33.66% to $781 Million Ranking 90th Amid Massive Layoff Plans

On March 25, 2025, IBM's trading volume reached $781 million, a 33.66% decrease from the previous day, ranking 90th in the day's stock market. IBM's stock price rose by 0.58%, marking the third consecutive day of gains, with a total increase of 2.70% over the past three days.

IBM is planning to lay off approximately 9,000 employees in the United States as part of a global restructuring effort. This move is expected to significantly impact several divisions, including the company's Cloud Classic unit. The layoffs are part of IBM's broader strategy to focus on growth areas and streamline operations.

This restructuring effort comes at a time when the tech industry is facing challenges, including a slowdown in IT job creation. In 2023, only 700 new IT jobs were created in the US, a stark contrast to the 267,000 jobs created the previous year. The layoffs at IBM are likely to have a ripple effect on the broader tech sector, as other companies may follow suit in their efforts to cut costs and improve efficiency.