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A comment on IBM to pause hiring in plan to replace 7,800 jobs with AI News. Parent comment

Re:IBM to pause hiring in plan to replace 7,800 jobs with AI... by aflag on Tuesday May 02, 2023 @06:03AM (#35785351)
That's a very cynical view. It might be true, but I hardly think they were just waiting for the perfect opportunity. If it made business sense before, they would've already been halting their hiring.
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Re:IBM to pause hiring in plan to replace 7,800 jobs with AI... by wesapien on Tuesday May 02, 2023 @06:50AM (#35785663)
A lot of corporations are replacing humans jobs instead of enhancing them with new tech like what the tech gurus say during their TED talks about the benefits of X tech. Another reason to flip cars.
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Re:IBM to pause hiring in plan to replace 7,800 jobs with AI... by qualudeheart on Tuesday May 02, 2023 @07:38AM (#35786023)
Smart Money flips houses. The Smartest Money flips GPUs.
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Re:IBM to pause hiring in plan to replace 7,800 jobs with AI... by ThorsBane on Tuesday May 02, 2023 @03:09PM (#35792604)
The smartest money flips the output of the GPUs, more precisely. Flipping GPUs is just a side project.
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Re:IBM to pause hiring in plan to replace 7,800 jobs with AI... by mitjam on Tuesday May 02, 2023 @03:34PM (#35792950)
Smart Money flips houses. The smartest money flips bits.
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Re:IBM to pause hiring in plan to replace 7,800 jobs with AI... by jillesvangurp on Tuesday May 02, 2023 @07:11AM (#35785813)
They've been going through cycles of doing that for many years. Their head count has dropped by about a third in the last decade. It peaked at 460K people in 2012 and they are now closer to 340K. So -120K people in ten years.

https://www.macrotrends.net/stocks/charts/IBM/ibm/number-of-...

What they just announced is a relatively minor round.

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Re:IBM to pause hiring in plan to replace 7,800 jobs with AI... by bonzini on Tuesday May 02, 2023 @12:48PM (#35790421)
That source doesn't seem too accurate, 2020 is shown as a decrease but it's when RH was acquired, and 2021 or 2022 should have had a -90K from the Kyndryl spin off.

Also I am not sure if the 2014 decrease is also related to the formation of GlobalFoundries but I couldn't right away find news about a -80K layoff that year.

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