IBM lays off 'thousands' of employees as coronavirus COVID-19 hits business
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Arvind Krishna-led tech giant IBM has joined the league of companies who have started firing employees in tough Covid-19 times. The company confirmed the lay offs in a statement given to the media. "Recognizing the unique and difficult situation this business decision may create for some of our employees, IBM is offering subsidized medical coverage to all affected US employees through June 2021," said a company spokesperson.