IBM issued 1,674 layoff notices to U.S. employees in its applications services business on Thursday, as part of a larger round of anticipated cuts to its Global Business Services unit, according to a ...

Since generative AI burst into the public consciousness last year, people have been worried about how fast the technology would impact the workforce. Increasingly, the answer seems to be: A lot faster ...

IBM CEO Arvind Krishna announced a hiring pause in May, but that’s not all. Later that month, the CEO also stated the company plans to replace nearly 8,000 jobs with AI. Krishna noted that back-office ...