A world-famous technology company fired about 8000 employees because of artificial intelligence automation. The news shocked the entire planet. Precisely after a few days, the company announced it was searching for almost that number of employees again. This raised a topic in almost every technical circle: What is going on at IBM?
AI Automated Impact
In the ever-changing modern world, artificial intelligence is changing every business, day by day. According to this company different routines and, on occasion, one-off repetitive work can now be performed by AI, which was previously done by humans. Given that, the company considers that these are 8,000 positions classified as no longer needed due to layoffs-from information technology support, all the way through to administrative work and data entry.
Layoffs, And Now Rehiring-Why?
Perhaps the strangest thing in IBM's story is that shortly after announcing employee layoffs, the company then states it will now hire almost the same number of new employees. But, now, the new job vacancies are:
- Experts in AI And Machine Learning
- Specialists in cloud computing
- Cybersecurity professionals
- Consulting and business analytics.
IBM's Statement
This is what chief executive Arvind Krishna of this company said, "We have simplified the manual tasks using AI, but that, in turn, has increased our demand for the skilled workforce. Therefore, we are looking for people in future jobs who have the skills to apply next-generation technologies." It means that IBM is adopting the reskill-upskill approach for employees.
Employee Reaction
Such a strategy seems pretty sensible. Indeed, however, the older employees are very much disappointed with this change. They assume that because of the sudden layoff policy, the company decided to take that action against them, which paved the way for the younger generation of technology professionals.
Message from The Technology World
This is not only going to happen with this company. It's an excellent example of what AI automation is doing in real-time, human resources because, instead of completely replacing humans with higher-skilled and tech-savvy employees, AI will be put to some degree of use. However, reskilling and upskilling are also the words of the time for survival in the future job market.
The strategy of lay-off and rehire adopted by IBM shows how the future workplace would be that of people and machines working side-by-side. Today is a style for students to get fine-tuned for their technology education skills.
