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IBM News

05 Sep 2024

Intel, Cisco, IBM, And Apple Cut Over 27,000 Jobs: Details Here

Intel is set to lay off 15,000 employees, accounting for over 15 per cent of its workforce as part of a 10 billion dollars cost-cutting plan for 2025.

18 Jun 2024

Wimbledon: IBM, The All England Lawn Tennis Club Launch New Gen AI Feature

Wimbledon will also use generative AI to provide coverage of a broader range of matches than was previously available, including wheelchair events, to offer more to Wimbledon’s diverse international audience.

IT Layoffs 2024

14 Mar 2024

IBM To Announce Layoffs In Marketing And Communications Divisions: Reports

The marketing and communications divisions are said to be impacted. However, the exact number of affected employees was not disclosed. Although IBM did not officially confirm the layoffs.

27 Jun 2023

Who Is Sunny Gupta, Founder Of Apptio, Which Was Bought By IBM For $4.6 Bln?

IBM buys Apptio for $4.6 bln. Sunny Gupta is the founder of Apptio who is a renowned entrepreneur and technology visionary. Gupta completes his bachelor in Computer Science from Stanford and MBA from Harvard.

10 May 2023

IBM Introduces Quantum-Safe Tech To Safeguard Key Enterprise, Govt Data

The company announced 'Quantum Safe Explorer' to enable organisations to scan source and object code to locate cryptographic assets, dependencies, vulnerabilities and to build a CBOM.

17 Feb 2023

YouTube Gets Indian-American as New CEO, Check List of Indian-Origin Top CEOs

27 Jan 2023

Latest Round of Layoffs by Tech Majors: Sap Cutting 2,900 Jobs and IBM 3,900

SAP CEO Christian Klein, in a streamed video, called the layoffs "very targeted restructuring" that would help it focus on "areas where we are strongest to continue our accelerated growth".

26 Jan 2023

Which BIG Companies Lay Off their Employees in First Month of 2023? Check LIST

Almost 60,000 employees with 209 companies globally have lost their jobs in the first month of 2023. SAP said on Thursday it planned to cut 3,000 jobs, or 2.5% of its global workforce. Tech giant IBM is laying off 3,900 employees.

26 Jan 2023

IBM to Lay Off 3,900 Employees; Bets Big on Hybrid Cloud, AI

IBM to lay off 3,900 employees after missing annual cash target. IBM joins a slew of tech companies such as Meta, Alphabet, Microsoft and others in laying off thousands of employees amid the global economic headwinds. Earlier, Google laid off 12,000 employees globally.

14 Sep 2022

After Infosys, Wipro, now IBM says employees doing 2 jobs may land in trouble

Wipro's Chairman Rishad Premji had termed such behaviour by employees 'cheating'. IBM said employees joining the company sign an agreement saying they will be working only for IBM. Moonlighting refers to a person doing a second job secretly after regular office hours

12 Sep 2022

IIT Madras becomes India's first institution to join IBM's quantum network

IIT-Madras has become the first Indian institution to join IBM`s quantum network to advance skills IIT Madras will get cloud-based access to its most advanced quantum computing systems IBM Quantum and IIT Madras also jointly offered a course on quantum computing on the NPTEL Platform

08 Jun 2022

IBM suspends operations in Russia, lays off employees

Krishna said that the company has begun laying off employees. He stated that the company’s focus for months has been on looking after the safety and security of IBMers and their families. IBM suspended operations back in March but kept employees on the payroll.

Artificial intelligence

19 May 2022

Indian, Chinese companies take lead in AI use: IBM report

35 per cent of companies globally reported using AI in their business. Organisations are 13 per cent more likely to have adopted AI in 2022. The survey was conducted from March 30-April 12, 2022.

04 May 2022

IBM Chairman elected to Board of Directors of Federal Reserve Bank of New York

The Federal Reserve Bank of New York on Monday announced that 60-year-old Krishna has been elected as a Class B director, "representing the public with due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labour, and consumers."

12 Sep 2021

IBM recruitment 2021: Entry-level jobs in India for fresh graduates

Candidates should know how to code in languages such as Java, Python, Node.js. They should also have a clear understanding of Software Development Life Cycle Concepts. Candidates who have obtained their graduation degree will be able to apply for the job.

02 Jul 2021

IBM's Jim Whitehurst to step down as president

Shares of the U.S. technology firm were down nearly 3% in early trading. Whitehurst, however, will continue to work as senior adviser to Chief Executive Officer Arvind Krishna. The company has been restructuring since Krishna took the reins a year ago.

28 Apr 2021

Global Enterprises ramp-up efforts to ensure well-being of staff in India

IBM Chief Executive Officer Arvind Krishna said the company will continue to support IBMers in India. Amazon's Amit Agarwal said the company continues to look for ways to help employees. Organisations across the spectrum have come forward to source and donate oxygenators, breathing machines, and ventilators.

20 Jul 2020

PM Modi interacts with IBM CEO, says great time to invest in India

PM said government is constantly working towards providing infrastructure, connectivity and regulatory environment to ensure that this technological shift is smooth. PM appreciated the role played by IBM, in association with CBSE, towards the launch of AI curriculum in 200 schools in India. Other areas of discussion included the issues of data security, cyber attacks, concerns around privacy, and health benefits of Yoga.

23 May 2020

IBM lays off 'thousands' of employees as COVID-19 hits business

Arvind Krishna-led tech giant IBM has joined the league of companies who have started firing employees in tough Covid-19 times. The company confirmed the lay offs in a statement given to the media late Friday.

31 Jan 2020

Indian-origin Arvind Krishna becomes new IBM Chief Executive Officer

Krishna has replaced longtime CEO Virginia Rometty. Rometty, 62, will continue as executive chairman and serve through the end of the year when she will retire after almost 40 years with the company, IBM said in a statement on Thursday.

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