Elon Musk's DOGE scraps 15 IBM projects making the company break this longstanding practice
Elon Musk's Department of Government Efficiency (DOGE) has canceled 15 federal contracts with IBM, totaling approximately $100 million. This move, part of DOGE's cost-cutting efforts, has led to a slight decline in IBM's consulting revenue. While IBM downplays the overall impact, the cancellations signal increased scrutiny on federal spending and the challenges for contractors.
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