Before AI layoffs, there was IBM. In 1993, the tech giant laid off 60,000 people—a record that still stands today. Read the full story of the biggest corporate cutback in history.
Tech Layoffs: IBM’s 1993 layoff of 60,000 employees remains unmatched, a stark reminder of how quickly a corporate giant can ...
Louis Gerstner, the former International Business Machines chairman and chief executive who engineered a turnaround at the then-struggling computer giant in the 1990s, has died at age 83. Gerstner, ...