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AI News from ET - IBM to cut thousands of workers amid AI boom

Vishwadeep Khatri
in AI News & Two Lenses

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IBM plans to cut thousands of jobs as it shifts focus to AI consulting and software, affecting a small percentage of its 270,000-strong workforce. US staffing will largely remain unchanged. The move comes amid an AI boom, with many tech firms restructuring to invest in faster-growing, AI-driven areas.

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