AI-Driven Layoffs: A New Era of Work

On November 14th, a significant shift in the business world is evident, marked by large-scale job cuts at major companies like Amazon, Target, United Parcel Service, Verizon, and Nestlé. These cuts, totaling over eighty thousand jobs, are not due to economic downturns but rather a shift towards AI-driven efficiency. Executives are openly discussing the benefits of AI, with some even expressing pride in having fewer employees. This trend suggests a future where companies aim to achieve more with less human input, reshaping the landscape of work.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.