The Entrepreneurs Weekly
No Result
View All Result
Sunday, June 1, 2025
  • Login
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
Subscribe
The Entrepreneurs Weekly
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
No Result
View All Result
The Entrepreneurs Weekly
No Result
View All Result
Home Business

IBM CEO: AI Replaced Hundreds of Human Resources Staff | Entrepreneur

by Brand Post
May 8, 2025
in Business
0
IBM CEO: AI Replaced Hundreds of Human Resources Staff | Entrepreneur
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Former employees at IBM were replaced with AI, the company’s CEO confirmed earlier this week.

IBM CEO Arvind Krishna told The Wall Street Journal on Monday that the tech giant had tapped into AI to take over the work of several hundred human resources employees. However, IBM’s workforce expanded instead of shrinking—the company used the resources freed up by the layoffs to hire more programmers and salespeople.

“Our total employment has actually gone up, because what [AI] does is it gives you more investment to put into other areas,” Krishna told The Journal.

Krishna specified that those “other areas” included software engineering, marketing, and sales or roles focused on “critical thinking,” where employees “face up or against other humans, as opposed to just doing rote process work.”

Related: IBM Exec Says 7,800 Jobs (or Nearly 30% of Its Workforce) Could Be Replaced By AI

IBM CTO Ji-eun Lee said earlier this year that IBM’s AskHR agent had automated 94% of simple, routine human resources tasks, like vacation requests and pay statements. Meanwhile, IBM’s AskIT agent reduced the number of calls and chats for the IT team by 70%.

IBM saw a “productivity improvement” of $3.5 billion over the past two years by using AI in more than 70 business areas, Lee stated.

IBM did not disclose when the HR layoffs and subsequent hiring in other departments occurred. The company employed 270,300 workers globally as of its 2024 annual report.

IBM CEO Arvind Krishna. Photographer: Christopher Pike/Bloomberg via Getty Images

This week, IBM held its annual Think conference and introduced new products and services to grow its generative AI division, which has become a $6 billion business. The tools allow customers to build their own AI agents, capable of autonomously carrying out complex tasks, in under five minutes.

The service is similar to offerings from Amazon, Nvidia, and Microsoft.

Related: AI Agents Can Help Businesses Be ’10 Times More Productive,’ According to a Nvidia VP. Here’s What They Are and How Much They Cost.

Krishna has worked for IBM for over 34 years and stepped into the CEO role in 2020. Wedbush analyst Dan Ives told Business Insider on Wednesday that Krishna was in the process of transforming IBM into an AI company.

“It’s still the first inning in a nine-inning game,” Ives told the publication.

Krishna isn’t the first CEO to say the company has replaced people with AI.

Klarna CEO Sebastian Siemiatkowski stated last year that its AI chatbot did the work of 700 customer service agents and later announced that the company was undergoing a hiring freeze and filling in the gaps with AI.

Meanwhile, Salesforce CEO Marc Benioff said in September that the company’s new AI agents could replace gig workers during busy seasons.



Source link

Tags: Artificial IntelligenceBusiness NewsCEOentrepreneurHumanhuman resourcesHundredsIBMNews and TrendsReplacedresourcesScience & TechnologyStaffTechnology

Related Posts

Get Microsoft 365 for Six People a Year for Just 0 | Entrepreneur
Business

Get Microsoft 365 for Six People a Year for Just $100 | Entrepreneur

June 1, 2025
This 0 MacBook Air Handles Your Hustle Without Complaints | Entrepreneur
Business

This $200 MacBook Air Handles Your Hustle Without Complaints | Entrepreneur

May 31, 2025
What Every Brand Gets Wrong About Using AI | Entrepreneur
Business

What Every Brand Gets Wrong About Using AI | Entrepreneur

May 31, 2025
  • Trending
  • Comments
  • Latest
Meet Amir Kenzo: A Well Known Musical Artist From Iran.

Meet Amir Kenzo: A Well Known Musical Artist From Iran.

August 21, 2022
Behind the Glamour: Bella Davis Opens Up About Overcoming Adversity in Modeling

Behind the Glamour: Bella Davis Opens Up About Overcoming Adversity in Modeling

April 20, 2024
Dr. Donya Ball: Pioneering Leadership Solutions for Tomorrow’s Challenges

Dr. Donya Ball: Pioneering Leadership Solutions for Tomorrow’s Challenges

May 10, 2024
Nasiyr Bey’s Journey from Brooklyn to Charlotte: The Entrepreneurial Path to Owning a Successful Cigar Lounge

Nasiyr Bey’s Journey from Brooklyn to Charlotte: The Entrepreneurial Path to Owning a Successful Cigar Lounge

August 8, 2024
Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

0
U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

0
GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

0
Brad Winget’s Tips and Tricks on Having a Career in Real Estate

Brad Winget’s Tips and Tricks on Having a Career in Real Estate

0
Get Microsoft 365 for Six People a Year for Just 0 | Entrepreneur

Get Microsoft 365 for Six People a Year for Just $100 | Entrepreneur

June 1, 2025
This 0 MacBook Air Handles Your Hustle Without Complaints | Entrepreneur

This $200 MacBook Air Handles Your Hustle Without Complaints | Entrepreneur

May 31, 2025
What Every Brand Gets Wrong About Using AI | Entrepreneur

What Every Brand Gets Wrong About Using AI | Entrepreneur

May 31, 2025
Improve Your Productivity with Windows 11 Pro for Just  | Entrepreneur

Improve Your Productivity with Windows 11 Pro for Just $15 | Entrepreneur

May 31, 2025

The EW prides itself on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

Transcending the bounds of Chicago to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

NEWS

  • Business
  • Politics
  • Entrepreneurship
  • Entertainment
Instagram Facebook

© 2024 Entrepreneurs Weekly.  All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
  • POLITICS
  • BUSINESS
  • CONTACT US
  • ADVERTISEMENT

Copyright © 2024 - The Entrepreneurs Weekly

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In