Artificial Intelligence Is Expected to Cut 8,000 Jobs in IBM: CEO

Artificial Intelligence Is Expected to Cut 8,000 Jobs in IBM: CEO
A sign marks the entrance to IBM Corporate Headquarters in Armonk, N.Y., on March 20, 2009. Stan Honda /AFP via Getty Images
Efthymis Oraiopoulos
Updated:
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International Business Machines Corp. expects to pause hiring for roles as roughly 7,800 jobs could be replaced by artificial intelligence (AI) in the coming years, CEO Arvind Krishna told Bloomberg News on Monday.

Hiring specifically in back-office functions such as human resources will be suspended or slowed, Krishna said, adding that 30 percent of non-customer-facing roles could be replaced by AI and automation in five years.

Efthymis Oraiopoulos
Efthymis Oraiopoulos
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Efthymis Oraiopoulos is a news writer for NTD, focusing on U.S., sports, and entertainment news.
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