Bad news for employees of this company as many to be sacked due to..., not Google, Ratan Tata's TCS, Narayana Murthy's Infosys, Microsoft, name is..

It is said that the main reason behind the layoffs from IBM Cloud Classic, which is based on the company's acquisition of SoftLayer in 2013, is its steady plan to shift employment to India. IBM, slowly but steadily, has been moving jobs overseas, and this restructuring further revs that shift.