Thread regarding IBM layoffs

IBM to Add 750 Jobs in AI, Quantum Computing at Chicago Tech Hub

750 U.S. citizens? Certainly not.
More on the same at the LinkedIn post -- https://www.linkedin.com/news/story/ibm-plans-750-new-ai-and-quantum-jobs-in-its-chicago-hub-8762946/

https://www.bloomberg.com/news/articles/2026-04-29/ibm-to-add-750-jobs-in-ai-quantum-computing-at-chicago-tech-hub

By: Miranda Davis |
April 29, 2026 at 10:00 AM CDT

International Business Machines Corp. is deepening its bet on the Illinois Quantum and Microelectronics Park in Chicago, with plans to add 750 jobs over the next five years.

The positions will be focused artificial intelligence, quantum computing, cybersecurity and data science, according to a joint statement Wednesday from the company and Illinois Governor JB Pritzker. IBM, which will get $19 million from a state tax-credit program, said it would also establish the FutureNow Chicago center at the tech hub.

The plans bolster Pritzker’s efforts to attract more jobs and business projects to the state, especially in advanced technologies. The quantum park, which was announced in July 2024 and broke ground last September, got a jump start from an initial $1 billion investment by Palo Alto, California-based PsiQuantum Corp. The facility will replace a closed US Steel plant on Chicago’s South Side.

“IBM’s investment in Illinois is a powerful vote of confidence in our state’s growing technology and quantum ecosystem and the world-class workforce that powers it,” Pritzker said in the statement.

The company said in late 2024 that it would establish a national algorithm center for quantum computing at the Chicago development, with partners including the University of Chicago and the University of Illinois Urbana-Champaign. The state provided a $25 million grant for that project.


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| 2 views | | 9 replies (last May 4) | Reply
Post ID: @OP+1kqjactgp

9 replies (most recent on top)

@ps bingo but let them get the
Media buzz and hype - it’s what they live for! Into deliver crushingly low ROI but let them take their bows and applause

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Post ID: @r4+1kqjactgp

"FutureNow" is the rebranding of the CIC. These tend to be "new collar" jobs - typically people without 4 year degrees, just a high school diploma plus a bootcamp or at most an associates degree. Not the kind of background you associate with "quantum computing". IBM also has a history of promising states/towns that they will hire X number of people in exchange for tax credits and then failing to deliver on the promised number of hires.

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Post ID: @ps+1kqjactgp

@hx in short, Watson Healthcare went up and out in a fire sale. IBM couldn't put enough distance between Watson Healthcare and ABYSMAL failure to make a profit when other tech players were successful at the same game.

But Gin "N Tonic got very rich for just sitting on her throne and doing nothing (as usual). Alvind is following in her footsteps and in due course, so will Robbie the Hood.

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Post ID: @jb+1kqjactgp

@hn oh yea whatever happened to Watson healthcare?

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Post ID: @hx+1kqjactgp

@OP sounds just like the garbage IBM pulled when bringing in Watson Healthcare ; that farce was initiated by former IBM CEO Gin 'N Tonic (Ginny). And it was in another Blue State and Democrat stronghold, Massachusetts.

Not even Gin 'N Tonic's niece could turn a profit with Watson Healthcare. Which says something for the whoppers that she told and the money she stole from the company in the name of her growth Watson initiatives.

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Post ID: @hn+1kqjactgp

@ag why thelayoff.com owner still didn't delete this spamposts everywhere

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Post ID: @bh+1kqjactgp

@a8 large companies often hire in some places and layoff in others at the same time

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Post ID: @aa+1kqjactgp

So are having a layoff? Or are we hiring? What gives? I thought there was a hiring freeze?

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Post ID: @a8+1kqjactgp

Bob is in a state of stuper position.

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Post ID: @a7+1kqjactgp

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