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.”