Jobs News Ibm Layoffs Hit Some Triangle Workers, But It’s Unclear How Many Jobs Will Be Lost

AI layoffs could far outpace new jobs — past economic shocks reveal how fast that can fuel unrest, professor says

London Business School professor Ekaterina Abramova said that rapid AI disruption could outpace institutions and destabilize societies. Read More

IBM cutting several thousand jobs in latest layoffs

IBM this week began notifying several thousand employees that they will be laid off, according to sources familiar with the matter. … These Resource Action (RA) notifications tell staff that they have ... Read More

IBM Confirms Layoffs Impacting Up to 5,000 Workers as It Shifts Focus to AI

IBM Confirms Layoffs Impacting Up to 5,000 Workers as It Shifts Focus to AI Your email has been sent IBM is cutting thousands of jobs as it pivots toward AI and software. The tech giant’s ... Read More

IBM layoffs among new tech industry job cuts in Bay Area

SAN JOSE — IBM and Infineon have disclosed new rounds of employment cutbacks that will erase the jobs of more than 100 workers in the Bay Area. The staffing reductions extend what has turned out to be ... Read More

7 big firms cutting 1,000s of jobs, is a slowdown next?

Corporate layoffs have ramped up in recent weeks, and the impact is spreading across industries that once looked insulated from large-scale cuts. I am focusing on seven major employers that, based on ... Read More

A "grinchy" November jobs report as government layoffs hit labor market

The November jobs report, which was delayed by about a week as Bureau of Labor Statistics workers caught up after the government shutdown, was released on Tuesday morning. And it was rather dismal. Read More

IBM to Cut Thousands of Workers Amid A.I. Boom

The technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software. By Steve Lohr IBM said on Tuesday that it planned to cut thousands of ... Read More

IBM layoffs come amid RTP exodus

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min As IBM trims its global ... Read More

Employers have cut 1.1 million jobs this year. Here's what's behind the wave of layoffs.

Employers have cut more than 1.1 million jobs through November, the most since 2020, when companies laid off 2.2 million workers as the pandemic was slamming the U.S. economy, according to a new ... Read More

AI-related layoffs often hit entry-level roles, young workers

Though official US jobs data for October was missing because of the recent government shutdown, private firms see AI-related layoffs taking a toll on the workforce. Mass layoffs at top tech firms and ... Read More

Layoffs Hit Five Year High as Over 1 Million People Lose Jobs

Layoffs have hit a five-year high as over a million Americans have lost their jobs this year, according to a new Challenger report. The number marks the highest since 2020 and the most since 2009, ... Read More