IBM to cut about 3,900 workers

The reductions will amount to a “ballpark” figure of 3,900 ... off the Kyndryl and Watson Health units and will cost the company about US$300mil (RM1.3bil), he said. IBM still expects to ... Read More

IBM cuts 3,900 jobs, misses annual cash target

The layoffs - related to the spinoff of its Kyndryl business and a part of AI unit Watson Health - will cause a $300 million charge in the January-March period, IBM ... said news of the job ... Read More

BIG jobs cuts ahead! After announcing 3900 layoffs in January, IBM plans to replace 7800 jobs with Artificial Intelligence

Reuters quoting Bloomberg report ... Earlier in January, IBM announced layoffs after it failed to meet its cash targets. As per Reuters report, IBM Corp had announced 3,900 job cuts as a result ... Read More

IBM Layoffs 2024: What to Know About the Latest IBM Job Cuts

Legacy tech giant IBM (NYSE:IBM) is in the news though not for the most encouraging ... To date, 204 tech firms have cut almost 50,000 jobs. January represented the business month for the reductions. Read More

IBM expects to pause hiring for thousands of jobs that can be done by AI: report

Bloomberg News reported Monday that Chief Executive ... which make up about 26,000 jobs at IBM. “I could easily see 30% of that getting replaced by AI and automation over a five-year period ... Read More

Jobs Report: Strong Hiring Dims Fed Rate-Cut Hopes; S&P 500 Rises

After the jobs report, the S&P 500 rose moderately at Friday's open, as stocks look to bounce back from Thursday's pummeling amid growing concerns about the Fed rate-cut outlook. Please watch the ... Read More

The Bloomberg Recruiter Report: Job Skills Companies Want But Can’t Get

As part of our ranking of 122 top business programs, Bloomberg surveyed 1,320 job recruiters at more than ... These scores comprise the findings in this report. We define "sweet spots" as the ... Read More