IBM Trading Volume Drops 36.18% to $713 Million Ranking 102nd Amid Massive Job Cuts

On March 27, 2025, IBM's trading volume reached $713 million, a 36.18% decrease from the previous day, ranking 102nd in the day's stock market activity. IBM's stock price fell by 1.65%.

IBM has announced plans to cut approximately 9,000 jobs in the United States by 2026 as part of a broader restructuring initiative. This move is aimed at reshaping the company's operations and is expected to significantly impact its workforce. The layoffs are part of a sweeping restructuring initiative that includes mandating office returns and trimming its US staff. The company has initiated another round of layoffs, affecting nearly 9,000 employees across its US locations. This significant workforce reduction is part of a broader effort to streamline operations and adapt to changing market conditions. The layoffs follow IBM's acquisition of Software AG's StreamSets and webMethods platforms, further illustrating the post-acquisition restructuring trend. The job cuts are expected to have a significant impact on the local economy, with the effective date of the closure set for May 21. On March 25, IBM filed that it would be performing layoffs at a Winston-Salem site, impacting 72 employees.