CEO Arvind Krishna mentioned that IBM anticipated replacing about 7,800 jobs with artificial intelligence (AI), although he ...
IBM is reportedly laying off thousands of employees this week, focusing on the Cloud division. These layoffs are being ...
Cisco Systems, Inc. will be laying off hundreds of employees in the Bay Area, according to state filings with the Employment ...
IBM announced earlier this year that it would have layoffs, and that now appears to have occurred. Analyst attributes it to cloud/on-prem rebalancing, not genAI-related, but look for GenAI layoffs in ...
Cisco Systems and IBM are slashing several hundred jobs in the Bay Area in wrenching cutbacks that serve as a grim reminder that the tech industry's staffing reductions have yet to abate. All told, ...
Spread the loveIBM, the tech giant synonymous with innovation and reliability, is making headlines for a ...
IBM's first-quarter 2024 earnings report said that the mainframe goliath took a $400 million "workforce rebalancing" charge to cover the cost of planned layoffs. That's after a $300 million "workforce ...
Many long-serving employees at IBM have been laid off. That's according to numerous reports online. Although IBM CEO Arvind ...
Recent WARN (Worker Adjustment and Retraining Notification) letters in California and Washington suggest layoffs are continuing.
Cisco, the US tech conglomerate, has announced a major round of layoffs amid declining demand and ramping up investments in ...