IBM Says It Buys Another Company for "AI", So Why Does IBM Fire Its Own "AI" Experts?

posted by Roy Schestowitz on Dec 10, 2025

This was 9 hours ago:

Last night: IBM: We Lay Off Tens of Thousands of People the Very Same Week We Spend 11 Billion Dollars (Debt) on "AI" Fantasies, Hiring About 8,000 People at Cost of 1.3+ Million Dollars Per Employee

What IBM does or announces this week [1, 2] makes no sense whatsoever.

IBM staff, quite understandably, is fuming. Among the latest on this:

As people rightly point out, this has nothing to do with "AI", it's just IBM drowning and trying to reduce costs (salaries) while buying other firms for their revenue. It helps fake "growth" (where there is none). █