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252 articles found

IBM Slashes 8,000 Jobs, Boosts AI Workforce in Strategic Shift

IBM Slashes 8,000 Jobs, Boosts AI Workforce in Strategic Shift

May 27, 2025
Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema

IBM laid off 8,000 employees, mainly from HR, as its AI platform AskHR automated 94% of routine tasks, but the company's total workforce grew as it reinvested in areas requiring human skills like engineering and sales, signaling a strategic pivot toward AI integration and workforce realignment.

UN Warns Female Jobs More Vulnerable to AI Disruption

UN Warns Female Jobs More Vulnerable to AI Disruption

May 22, 2025
CBC

A UN report finds that jobs traditionally held by women, such as administrative and clerical roles, are nearly three times more vulnerable to disruption by artificial intelligence compared to male-dominated fields, especially in high-income countries, with 9.6% of female jobs at risk versus 3.5% of male jobs.

Klarna Debuts AI Avatar of CEO to Present Earnings

Klarna Debuts AI Avatar of CEO to Present Earnings

May 21, 2025
TechCrunch

In a bold move, fintech company Klarna used an AI avatar of its CEO to deliver its latest earnings report, showcasing its commitment to AI and touting its role in achieving profitability and streamlining its workforce by 40%, while hinting at the potential for AI to replace human CEOs.

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