
IBM layoff update: In a significant news update for employees of the IT sector, famous tech company IBM has reportedly laid off about 8,000 employees. In the recent development, the global IT giant has fired employees most of whom were associated with the HR section. Here are all the developments you need to know about the recent layoff at IBM.
It is widely known that IBM CEO Indian-origin Arvind Krishna is very supportive of company’s increasing reliance on automation and the recent layoff could be in line with the objective of the company, a report carried by Business Today said.
Also, readers should note that IMB’s move aimed at reducing the HR workforce is not new and rarlier this month, IBM had replaced about 200 HR positions relating to answering frequently asked questions with with Artificial Intelligence, in a step to reduce paperwork and managing HR data.
In another significant development on IBM, the Indian government and IBM are exploring opportunities to collaborate on quantum computing, artificial intelligence (AI), and geospatial AI solutions, the Ministry of Science and Technology announced as per a report by news agency IANS.
IBM’s Global Head, Arvind Krishna, met Union Minister Dr Jitendra Singh to discuss how the two sides can work together in these advanced technology fields. The meeting took place as India pushes forward with its National Quantum Mission, an initiative aimed at making the country a global leader in quantum technology. Both sides recognised India’s rapid transformation under Prime Minister Narendra Modi, which has placed the country at the forefront of AI and next-generation innovations.
(With inputs from agencies)