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Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts canceled due to DOGE-related cuts during the first ...
International Business Machines (IBM) stock fell 6.6% Thursday after the tech giant's first quarter earnings revealed that Elon Musk's highly controversial cost-cutting agency DOGE canceled some ...
DOGE's cancelled contracts could cost IBM up to $100 million IBM's consulting business is worth $5.1 billion, down 2% year-over-year IBM is still banking on revenue growth, noting continues ...
And today, as of the time of this writing, IBM shares are down more than 6.75% in premarket trading. The main reason? You can blame Elon Musk’s DOGE. As noted by CNBC, those critical metrics act ...
While HashiCorp was eager to talk about General Availability of products including HCP Vault Radar and Boundary transparent ...
(Reuters) -International Business Machines (IBM) said 15 of its government contracts were shelved under a cost-cutting drive by the Trump administration, a setback that eclipsed its upbeat revenue ...
What Happened: IBM’s CFO and Senior Vice President ... Talking about the impact of DOGE-related initiatives, its Chairman, President, and CEO, Arvind Krishna, highlighted that its consulting ...
He also said that IBM's consulting services faced some pressure, as the so-called Department of Government Efficiency, or "DOGE," scrutinizes federal contracts. Executives said that consulting was ...
Wired reviewed materials showing that affiliates of Elon Musk's DOGE working in the Office of Personnel Management "tested ...
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 ...
$100 million worth in contracts impacted by DOGE IBM provides quarterly forecast, breaking from tradition Minimally impacted by current US tariffs April 23 (Reuters) - International Business ...