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IBM's CEO admits Gen Z's hiring nightmare is real—but after promising to hire more grads, he’s laying off thousands of workers

Summary by Fortune
IBM’s CEO Arvind Krishna promised Gen Z he would hire more college grads and be the “opposite” of companies like Amazon laying off workers. Days later, he's giving thousands the pink slip.

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FortuneFortune
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IBM's CEO admits Gen Z's hiring nightmare is real—but after promising to hire more grads, he’s laying off thousands of workers

IBM’s CEO Arvind Krishna promised Gen Z he would hire more college grads and be the “opposite” of companies like Amazon laying off workers. Days later, he's giving thousands the pink slip.

·New York, United States
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Fortune broke the news in New York, United States on Wednesday, November 5, 2025.
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