Investing
IBM to pause hiring, plans to replace 7,800 jobs with AI – Bloomberg News
© Reuters. The International Business Machines Corporation (IBM) logo is displayed, during the GSMA’s 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. REUTERS/Nacho Doce/File Photo
(Reuters) – International Business Machines (NYSE:) Corp Chief Executive Arvind Krishna said in an interview the company expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence in the coming years, Bloomberg News reported on Monday.
IBM did not immediately respond to a Reuters request for comment.
Read the full article here
Zillow: These Are the Top 10 Hottest Housing Markets of 2025
Former Zillow Execs Target $1.3T Market
Automate Applications and Supercharge Your Job Hunt for $39
All the PDF Tools You Need in One Easy-to-Use App
Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports By Reuters
5 Things That Could Significantly Impact Your Company in 2025
NFI Group surge after board reshaped with new appointments, chairperson By Investing.com
Microsoft Is About to Begin Job Cuts. Here’s Why.
10 Ways to Make Money As a Graphic Designer
10 Critical Questions to Ask Your Financial Advisor Now
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Side Hustles7 days ago5 Things That Could Significantly Impact Your Company in 2025
-
Investing7 days agoNFI Group surge after board reshaped with new appointments, chairperson By Investing.com
-
Side Hustles5 days agoMicrosoft Is About to Begin Job Cuts. Here’s Why.
-
Make Money3 days ago10 Ways to Make Money As a Graphic Designer
-
Make Money4 days ago10 Critical Questions to Ask Your Financial Advisor Now
-
Passive Income6 days ago3 Challenges Entrepreneurs Will Face in 2025
-
Side Hustles6 days agoThe Canadian Media Lawsuit That Could Reshape Tech’s Future
-
Investing5 days agoWhat CMOs Need to Know About AI Adoption in Marketing Teams