IBM Layoffs 2024: What to Know About the Latest IBM Job Cuts

Legacy tech giant IBM (NYSE:IBM) is in the news though not for the most encouraging of reasons. On Tuesday, reports emerged that the company was cutting jobs in its marketing and communications division. Fundamentally, the IBM layoffs represent the opportunities and challenges behind the rise of artificial intelligence (AI).According to a CNBC report, the tech firm colloquially known as “Big Blue” told employees in the impacted division that it’s slashing the size of its staff. The announcement occurred in ...