https://www.google.com/amp/s/www.fi...y-off-tech-industry-ai-jobs-13748453.html/amp
Chop Chop...all finished in 7mim, kym?
Chop Chop...all finished in 7mim, kym?
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IBM retrenched Marketing Division 48hrs ago
- Thread starter k1976
- Start date
IBM has joined the tech layoff club once again this year as it announced laying off employees from its marketing and communications divisions, without mentioning the exact number.
IBM’s chief communications officer, Jonathan Adashek, announced the cut in the approximately seven-minute-long meeting with the concerned departments, CNBC report cited sources as saying.
IBM’s chief communications officer, Jonathan Adashek, announced the cut in the approximately seven-minute-long meeting with the concerned departments, CNBC report cited sources as saying.
In August, IBM announced replacement of nearly 8,000 jobs with AI, later billing a ‘development studio’ named Watson X to “train, tune, and deploy” machine-learning models.
In its earnings call in January 2023, IBM had announced that it was cutting 3,900 positions, with its CEO later declaring a hiring pause saying, “I could easily see 30 per cent of that (employee count) getting replaced by AI and automation over a five-year period.”
In its earnings call in January 2023, IBM had announced that it was cutting 3,900 positions, with its CEO later declaring a hiring pause saying, “I could easily see 30 per cent of that (employee count) getting replaced by AI and automation over a five-year period.”
The tech downsizing story continues
So far this year, around 204 tech companies have cut almost 50,000 jobs, according to the website Layoffs.fyi. Major tech players like Alphabet, Amazon and Unity have all announced job cuts with January being the busiest layoff month.
The industry is still grappling with the post-pandemic adjustments during which tech hiring witnessed a boom.
The potential overhiring resulted in a rough 2023, with companies like Amazon and Meta letting go tens of thousands of their employees.
So far this year, around 204 tech companies have cut almost 50,000 jobs, according to the website Layoffs.fyi. Major tech players like Alphabet, Amazon and Unity have all announced job cuts with January being the busiest layoff month.
The industry is still grappling with the post-pandemic adjustments during which tech hiring witnessed a boom.
The potential overhiring resulted in a rough 2023, with companies like Amazon and Meta letting go tens of thousands of their employees.
Hope more coolie gene Sinkies are impacted.
International Bullshit Machines
Twitter is doing 10x more development with 80% less staff. The rest of big tech can definitely do the same. The cuts are not nearly as deep as they should be.
For a start any activity around DEI can be eliminated and the consequences can only be positive.
For a start any activity around DEI can be eliminated and the consequences can only be positive.
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