IBM PLANNING TO CUT ABOUT 10,000 JOBS IN EUROPE

Highlights:

• The company IBM is planning to cut around 10,000 jobs in the continent of Europe
• The company is taking this step in an attempt for reducing the costs at its slow-growth services unit

The International Business Machines Corp. or IBM is planning for cutting around 10,000 jobs in the continent of Europe in an attempt for reducing the costs at its slow-growth services....