IBM, one of the world's largest technology companies, has announced that it will be pausing its hiring efforts to focus on replacing around 8,000 jobs with artificial intelligence (AI) technology. The move is part of a larger strategy to streamline the company's operations and improve its efficiency in the face of increasing competition in the tech industry.
The job replacements are expected to occur across multiple divisions within the company, including its Global Technology Services unit, which provides infrastructure and support services to clients. IBM plans to use AI technology to automate many of the routine tasks currently performed by human employees, such as software testing, application management, and help desk support.
The company's CEO, Arvind Krishna, has stated that the move is necessary to enable IBM to remain competitive in an industry that is rapidly evolving. He noted that while the company will be eliminating some jobs, it will also be creating new ones in areas such as cloud computing, AI, and cybersecurity.
IBM is not the only company that is exploring the use of AI to automate tasks traditionally performed by humans. Many businesses are turning to AI technology to improve their efficiency, reduce costs, and increase productivity. However, the use of AI has also raised concerns about the impact on employment, as machines replace human workers in various roles.
In response to these concerns, IBM has stated that it will be providing training and resources to help its employees develop new skills and transition to new roles within the company. The company has also committed to hiring 1,500 new employees for its cloud computing division, which is expected to be a growth area in the coming years.
While the move to replace jobs with AI technology is likely to be disruptive for many IBM employees, it is also an indication of the rapid pace of technological change in the industry. As AI technology continues to evolve, it is likely that more companies will explore the use of automation to improve their operations and remain competitive in the global marketplace.
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