Kind of, have you actually fully read the article?

Buried there down to the bottom of the Fortune article,

> Just a week after his comments, however, IBM announced it would cut thousands of workers by the end of the year as it shifts focus to high-growth software and AI areas. A company spokesperson told Fortune at the time that the round of layoffs would impact a relatively low single-digit percentage of the company’s global workforce, and when combined with new hiring, would leave IBM’s U.S. headcount roughly flat.