In October 2020, IBM announced that it would be splitting into two entities by the end of 2021. The second company, to be based in New York City, will go by the name of Kyndryl. While IBM in Rochester is a sliver of what it was from the late 1950s to the 1980s, it is believed to still be a major employer here. Of those remaining Big Blue teams, some will work for the classic IBM and some will be employed by Kyndryl.
