KEY TAKEAWAYSIBM reportedly is closing its China research and development (R&D) department and moving those functions overseas.The Wall Street Journal said IBM executive Jack Hergenrother informed employees of the move in a virtual meeting Monday. In a statement to Investopedia, an IBM spokesperson said, “IBM adapts its operations as needed to best serve our clients." IBM (IBM) reportedly is closing its China research and development (R&D) department and moving those functions overseas.The Wall Street Journ ...