IBM shutters China R&D facilities, blaming declining infrastructure business — shutdown affects over 1,000 employees

This morning, employees at IBM’s China-based research and development department were told in a virtual meeting that the operation was impending closure. The current China-based R&D and testing functions will be moved to other overseas facilities, they were told. 

This morning, employees at IBM’s China-based research and development department were told in a virtual meeting that the operation was impending closure. The current China-based R&D and testing functions will be moved to other overseas facilities, they were told.