Amid widespread concerns about the impact of artificial intelligence on the workforce, IBM CEO Arvind Krishna confirms the company will pause hiring and replace up to 7,800 jobs with AI.
The transition will happen over the coming years, Krishna says in an interview(Opens in a new window) with Bloomberg. The company estimates that up to 30% of non-customer-facing roles could be replaced by automation within five years. Some could come from not replacing roles as employees leave.
In January, IBM announced it would cut 3,800 jobs, The New York Times reports(Opens in a new window), or just under half the 7,800 roles it says will now be performed by AI. Layoffs have plagued the tech industry this year, with tens of thousands of employees cut from giants like Meta, Amazon, Twitter, and Microsoft. Roku, Disney, and Electronic Arts (EA) plan to do the same in 2023.
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