{"id":338255,"date":"2025-12-09T04:02:15","date_gmt":"2025-12-09T04:02:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/338255\/"},"modified":"2025-12-09T04:02:15","modified_gmt":"2025-12-09T04:02:15","slug":"layoffs-not-ai-its-covid-overhiring","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/338255\/","title":{"rendered":"Layoffs Not AI &#8211; It&#8217;s COVID Overhiring!"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t\t<img decoding=\"async\" border=\"0\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/12\/arvind_krishna1765227734.jpg\" align=\"absmiddle\" alt=\"Layoffs Not AI - It's COVID Overhiring!\" \/><\/p>\n<p>IBM CEO Arvind Krishna has clarified that the wave of layoffs across the global tech industry has little to do with artificial intelligence replacing jobs.<\/p>\n<p>Instead, he said the real reason is simple: companies overhired aggressively during the COVID-19 boom and are now correcting their workforce sizes.<\/p>\n<p>Speaking in a recent interview, Krishna explained that many tech firms expanded rapidly between 2020 and 2022, anticipating long-term demand that never fully materialised. As economic conditions shifted and growth stabilised, organisations began trimming excess roles.<\/p>\n<p>Krishna noted that AI is not eliminating jobs at the pace people assume. He said automation will augment work, not wipe out large sections of the workforce overnight.<\/p>\n<p>According to him, the current layoffs reflect a return to normal hiring levels after an unprecedented surge during the pandemic.<\/p>\n<p>The IBM chief\u2019s remarks come amid ongoing restructuring across major tech companies, many of which have announced further job cuts in 2025.<\/p>\n<p>His comments aim to counter the narrative that AI is the primary culprit behind these decisions, emphasising instead the long-term impact of pandemic-era hiring spikes.<\/p>\n","protected":false},"excerpt":{"rendered":"IBM CEO Arvind Krishna has clarified that the wave of layoffs across the global tech industry has little&hellip;\n","protected":false},"author":2,"featured_media":338256,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,72795,558,105854,74],"class_list":["post-338255","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-arvind-krishna","tag-ibm","tag-lay-offs","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/338255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=338255"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/338255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/338256"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=338255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=338255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=338255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}