IBM effected by DOGE cuts, downplays impact during Q1 earnings call | TechCrunch

Image for article IBM effected by DOGE cuts, downplays impact during Q1 earnings call | TechCrunch
News Source : TechCrunch

News Summary

  • IBM had 15 of its federal contracts canceled due to DOGE-related cuts during the first quarter of 2025
  • Federal contracts represent between 5% and just under 10% of IBM’s consulting practice
  • CEO Arvind Krishna said the cancellations were related to cutbacks at USAID
Tech and consulting giant IBM was not immune to the Department of Government Efficiencys (DOGE) cuts.IBM had 15 of its federal contracts cancelled due to DOGErelated cuts during the first quarter [+1951 chars]

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