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-0.000325147272588311 -0.000573789304567493 0.000860683956850914 0.00420778823349386 0.00634993497054536 0.00933325682809281 0.00302195700405464 0.00581439828628254
Stock impact report

IBM is tripling the number of Gen Z entry-level jobs after finding the limits of AI adoption [Fortune]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Fortune
The job market has been a sore subject for Gen Z . The unemployment rate among young college grads sits at 5.6%, hovering near its highest level in more than a decade outside the pandemic. Meanwhile, prominent executives—from Anthropic's Dario Amodei to Ford's Jim Farley —have warned that artificial intelligence will slash corporate entry-level jobs. Recommended Video But some companies are realizing that cutting young workers out of the pipeline isn't a sustainable long-term strategy. $240 billion tech giant IBM just revealed it's ramping up hiring of Gen Z—not down. “The companies three to five years from now that are going to be the most successful are those companies that doubled down on entry-level hiring in this environment,” Nickle LaMoreaux , IBM's chief human resources officer, said this week. “We are tripling our entry-level hiring, and yes, that is for software developers and all these jobs we're being told AI can do.” While she admitted that many of the responsi Show less Read more
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