IBM's $857 Million Trading Day Sees 79th Ranking as AI Replaces 200 HR Jobs
On May 7, 2025, IBM's trading volume reached $857 million, ranking 79th in the day's stock market activity. IBM's stock price increased by 1.71%.
IBM's CEO, Arvind Krishna, recently disclosed that the company has utilized AI, particularly AI agents, to replace the work of over 200 human resources employees. This shift has led to a significant increase in hiring for programming and sales positions. The company anticipates that this transition will result in higher overall employment as it reinvests in new areas.
Krishna emphasized that while AI has automated certain HRHR-- functions, it has also created new opportunities in programming and sales. This strategic move is part of IBM's broader initiative to leverage AI for enhancing operational efficiency and fostering innovation within the enterprise.
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