Recently, IBM unveiled plans to lay off several thousand employees as part of a sweeping strategic overhaul centered on software and artificial intelligence services. The layoffs are set to impact between 2,700 and 5,000 workers out of IBM's global workforce of roughly 270,000, with the infrastructure division bearing the brunt. Affected employees will have a 30-day window to seek new roles within the company; those who do not secure internal placements will be eligible for severance packages. This move aligns with a broader strategic shift orchestrated by IBM's CEO, who aims to reallocate resources toward the more lucrative software and cloud services sectors. A possible catalyst for this reorganization is the decelerated growth of IBM's Red Hat business. The company is intensifying its focus on software development, sales, and generative AI platforms, with the infrastructure division expected to undergo significant changes. This trend extends beyond IBM; other tech behemoths are also trimming their workforces as the industry as a whole pivots toward AI and cloud computing.