In February 2024, an IBM spokesperson told The Register, "In 4Q [2023] earnings last month, IBM disclosed a workforce rebalancing charge that would represent a very low single digit percentage of IBM's global workforce, and we expect to exit 2024 at roughly the same level of employment as we entered with." The word "roughly" here is doing a lot of work – IBM shed almost 12,000 jobs in 2024, a period in which close to 3,000 open positions were added in India. IBM in its 2024 Annual Report [PDF] said it had finished the year with 270,300 employees within the company or at wholly owned subsidiaries, plus 8,900 at partially owned subsidiaries, and another 14,200 temporary workers. CFO James Kavanaugh in January this year said Big Blue expects "workforce rebalancing" in 2025 to be "fairly consistent to prior years." In its 2023 Annual report [PDF], those figures were 282,200 employees, 8,700 at partially owned subsidiaries, and 14,400 temporary workers.