IBM says multiple contracts cancelled following US government DOGE probes – but it’s not worried

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IBM says multiple contracts cancelled following US government DOGE probes – but it’s not worried

  • 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 interest in artificial intelligence

IBM CFO James…

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https://www.techradar.com/pro/ibm-says-multiple-contracts-cancelled-following-us-government-doge-probes-but-its-not-worried

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