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IBM has reportedly eliminated around 8,000 positions – a wide majority of layoffs affected Human Resources (HR). The layoffs ...
The fears of AI replacing jobs may be a bit overblown, with the CEO of IBM admitting the technology has made some roles redundant, but also noting that it has created a lot more jobs in the process.
Like many leaders in tech, Arvind Krishna, the CEO of IBM, thinks federal R&D funding ... Trump and his cabinet have sought to make deep cuts to federal grantmaking and scientific research ...
Market Overview: IBM commits $150 billion ... and mixed timelines from industry leaders. IBM shed 15 government contracts under Trump’s cost cuts, dampening recent revenue forecasts.
Matthias Balk / picture alliance via Getty Images IBM said uncertainty in the economic environment and federal government spending cuts could cause clients to pull back on purchases. The comments ...
IBM said it is prudently cautious around its Consulting business for the year amid potential impact from initiatives at the U.S. Department of Government Efficiency, or DOGE. "Consulting is also ...
April 24 (Reuters) - Shares of International Business Machines (IBM.N), opens new tab fell nearly 7% in morning trading on Thursday after the company said some of its federal contracts were ...
Click here to read the complete story. . Citing sources familiar with the matter, the report indicates that the job cuts significantly impact IBM’s Cloud Classic division. Layoffs have been ...
IBM is eliminating 72 jobs at its Winston-Salem operations, according to a WARN Act notice filled with the N.C. Commerce Department. The company said the workforce cuts will begin on May 30 at its ...
According to the news outlet The Register, IBM plans to cut thousands of U.S. positions this year, with a portion of the jobs moving to India. The company has not confirmed this report.