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IBM (IBM) is cutting jobs in its marketing and communications division as it relies more on artificial intelligence (A.I.) applications and models. Late last year, IBM chief executive officer (CEO) Arvind Krishna said that the technology giant ...
IBM is reportedly laying off more employees, with its marketing and communications division bearing the brunt.
IBM CEO Arvind Krishna told CNBC that the company was extensively training all employees on AI following an August announcement to replace nearly 8,000 jobs with AI. Read more.
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IBM shares moved higher after the legacy computing giant notified staff that it plans to cut jobs in its marketing and communications division. Monitor this important chart level.
IBM on Tuesday told employees in a roughly seven-minute meeting that it's cutting jobs in its marketing and communications division.