International Business Machines Corporation (IBM) expects to cut nearly 8,000 jobs in the coming years and replace them with AI, the CEO of the US tech giant, Arvind Krishna, has told Bloomberg.
In an interview published on Tuesday, Krishna said the company plans to slow or entirely suspend hiring for back-office functions such as human resources, noting that these non-customer-facing roles currently amount to nearly 26,000 workers.
An IBM spokesperson also told the news agency that the company doesn’t intend to fire any people filling these roles but pointed out that any jobs vacated by attrition would no longer be refilled.