IBM Announces Job Cuts in Two Divisions; Further Layoffs Expected

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  • IBM announces significant job cuts in marketing and communications division.
  • Company’s commitment to upskilling workforce in AI highlighted.
  • Tech industry downsizing trend impacting tech professionals looking for new opportunities.

IBM has announced significant job cuts within its marketing and communications division as the company continues to focus on artificial intelligence and other emerging technologies. The decision was delivered to employees by Jonathan Adashek, IBM’s Chief Communications Officer, signifying a substantial reduction in staff size. This move follows the company’s commitment to upskilling its workforce in AI, with plans to replace thousands of jobs with AI-powered solutions. The tech industry as a whole has witnessed a wave of downsizing, with companies like IBM, Alphabet, Amazon, and Unity collectively cutting nearly 50,000 jobs since the beginning of the year. This trend has left many skilled workers searching for new opportunities, underscoring the need for continuous skill development in tech professionals. Despite the downsizing, some companies are still actively hiring in areas like cybersecurity and artificial intelligence, reflecting a shifting landscape within the industry towards automation and efficiency through emerging technologies.

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