The program is called Project Match, company spokesperson Doug Shelton told The Industry Standard.

"For IBM, this is a unique creative approach to keeping some of those employees who have been affected," Shelton said. "We've got about 400,000 employees in 170 countries and this is a natural move for us."

The transition program, according to Shelton, is very similar to the company's programs that help employees with other career transitions, into, for instance, teaching, government agencies and the non-profit sector.

reported that U.S. workers were being offered relocation options with IBM offices in India, China, Brazil, Mexico, the Czech Republic, Russia, South Africa, Nigeria, and the United Arab Emirates.

Shelton would not confirm the destination countries but said employees were being offered placements in several international locations. Compensation will be based on average local wages in the new location, he said.