IBM is preparing for a UK exit from the EU
Since before the 2016 referendum, IBM has been analysing its business operations and taking proactive measures to prepare for various Brexit scenarios. We believe that the best outcome for business is that UK/EU negotiations and deliberations within the UK government can result in a transition period and, ultimately, in future arrangements which will not materially interrupt business. However, we have taken the prudent step of making contingency plans to deal with a scenario in which there is not a comprehensive agreement, either when the UK leaves the EU or at the end of the transition period.
Source: www.ibm.com