IBM pauses hiring to replace 7,800 jobs with AI
IBM is freezing hiring for back-office roles, with CEO Arvind Krishna revealing that AI and automation could replace roughly 7,800 jobs over the next five years. The cuts will target non-customer-facing positions like human resources, primarily by leaving vacated roles unfilled. Why it matters: It is one of the earliest direct admissions by a major tech chief that AI will outright replace administrative headcount.