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

Hiring specifically in back-office functions such as human resources will be suspended or slowed, Krishna said.

ETCIO
IBM Chairman and CEO Arvind Krishna
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.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › IBM to pause hiring in plan to replace 7,800 jobs with AI
Text Size:AAA
Success
This article has been saved

*

+