IBM Plans to Lay Off Thousands of Employees in Q4
SOURCENews reportView the filing ↗
What we know
Based on news reporting.
Summary
International Business Machines Corporation (IBM) has announced plans to replace 7,800 jobs with artificial intelligence technology. This decision comes three years after CEO Arvind Krishna indicated a pause in hiring. The HR head emphasized the company's shift towards AI as a strategic move to enhance efficiency. While specific locations and departments affected were not detailed, this significant workforce reduction reflects IBM's ongoing transformation in response to technological advancements. The exact timeline for these layoffs has not been disclosed, but the company is actively pursuing this transition.
International Business Machines Corporation cut 8,000 jobs.
That is roughly 2.8% of the 282,200 people International Business Machines Corporation employs.
LayoffTalk has tracked 17 layoff events at International Business Machines Corporation since June 2023, including 346 jobs documented in official WARN filings, with 13 additional events known from news reporting.
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Estimated figure based on news reporting. Not yet confirmed by International Business Machines Corporation.
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