Two weeks ago, IBM CEO Arvind Krishna said in the company’s fourth-quarter earnings report: “Three years ago, we laid out a vision for a faster-growing, more-profitable IBM.
Reports have claimed employees were told they must relocate to be nearer to the company’s North Carolina or New York offices in order to comply with the new office-working mandate.
TechRadar Pro has asked IBM to confirm its revised policy and the impacts of artificial intelligence on its workforce, but we did not receive an immediate response.
IBM has enforced a revised return-to-office policy among its Finance & Operations business unit amid what is being referred to as a ‘soft layoff.’.
IBM’s RTO mandate pushed employees to resign voluntarily, therefore avoiding formal layoffs, hence the ‘soft layoff’ description.