IBM’s move is set to affect over 1,000 employees from across the country, local news outlets have reported International Business Machines Corporation (IBM) is closing its research and development (R&D) division in China as the US tech giant pulls back from the world’s second biggest economy amid growing tensions between Beijing and Washington. The shutdown of China Development Lab and China Systems Lab will reportedly affect more than 1,000 of the company’s employees in the capital city of Beijing, as well as in Shanghai and the northern port city of Dalian. “IBM adapts its operations as needed to best serve our
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