IBM affected by dogs cuts, the downplays impact during the q1 gain call

IBM Consulto and IBM Consultment was not immune at the department of government efficiency).

IBM had 15 of his federal contracts canceled because of the dog cuts during the first quarter of 2025, according to the report by Reuders and it Bloomberg. I am These cuts as many as $ 100 million in future payments, by Bloomberg. Federal contracts represent between 5% and just below 10% of the practice of IBM.

After you have to be kidnapped during the Ibm Wednesday, Arvm Krly, Ibm’s Czechorials were livinary to US to Naid. Both Krishna and James Kavanaugh, Ibm’s Cfo, then proceeded to the potential impact of dogs in the future business business.

“We have a bunch of contracts, or canulter’s work, or our 30m0 billion 30 billion 30 billionths with total consultation”, Kavanaugh said. “This is like less than $ 100 million backlog in a duration of many years. So mentou, nobody is focused in the opposition for the year for identity.”

IBM Consultation Activity Compost 34% of the company’s income in Q1. Krishna added that the Council board government company is widely focused on crucial areas.

“Majority is criticism of work – really process veterans claims claims,” ​​Krishna said. “We help the process as the general administration of services don’t help us. It does not help us. Now, we could have been dressed as discrosing? Yes, there was

IBM IBM’s Ibm’s Assignment was down 2% generally in Q1, according to the results of the first quarter of the company. The revenues from consulting in Q1 was little over $ 5 billion.

“Diversity that our business Posi to Equip well to navigate current climate:” Krishna said. “Normorfolio and track execution disk refreshes my confidence in this next capital of our growth. I hope to share the rest of the year.”