IBM Canada has announced plans to increase its headcount and consolidate its physical presence in Toronto, as it looks to support flexible, return to in-person work and 500 new hires in the Greater Toronto Area (GTA).
As part of the move, IBM plans to merge its four existing Toronto offices at Spadina Avenue, Bloor Street, King Street, and Wellington Street into a new downtown Toronto office at 16 York Street.
IBM said the transition to a single hub was “accelerated over the past year when virtual work environments became commonplace.” The company’s new, larger office, which is set to open in November, will include an artificial intelligence (AI) and hybrid cloud client showcase centre, collaboration space for IBM employees and clients, and space for IBM Garage, a design approach to innovation and digital transformation.