IBM’s AI Gamble Backfires as Company is Forced to Rehire After 8,000 Job Cuts
In a surprising twist to the AI-driven future of work, IBM has been forced to walk back a key automation initiative after laying off thousands of employees in favor of artificial intelligence. The company, which cut nearly 8,000 jobs in 2023—primarily in its human resources division—now finds itself rehiring in droves after realizing that replacing …