https://finance.yahoo.com/news/ibm-pause-hiring-plans-replace-212747073.html

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ReutersReuters

IBM to pause hiring in plan to replace 7,800 jobs with AI - Bloomberg
News

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  * IBM
  * 

Reuters
May 1, 2023 at 5:27 PM*1 min read
[f49dee3969]
GSMA's 2023 Mobile World Congress (MWC) in Barcelona
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  * IBM

(Reuters) -International Business Machines Corp expects to pause
hiring for roles as roughly 7,800 jobs could be replaced by
Artificial Intelligence (AI) in the coming years, CEO Arvind Krishna
told Bloomberg News on Monday.

Hiring specifically in back-office functions such as human resources
will be suspended or slowed, Krishna said, adding that 30% of
non-customer-facing roles could be replaced by AI and automations in
five years.

His comment comes at a time when AI has caught the imagination of
people around the world after the launch of Microsoft Corp-backed
OpenAI's viral chatbot, ChatGPT, in November last year.

The reduction could include not replacing roles vacated by attrition,
the PC-maker told the publication.

IBM did not immediately respond to a Reuters request for comment.

(Reporting by Mrinmay Dey in Bengaluru; Editing by Arun Koyyur)

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Related Quotes

                  Symbol                   Last Price Change % Change
IBM
International Business Machines            125.16     -0.93  -0.74%
Corporation

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