IBM affected by DOGE cuts, downplays impact during Q1 earnings call

TechCrunch
By Rebecca SzkutakApr 23, 2025, 6:30 pm428 ptsTop
Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future…

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