AI Becomes Top Reason For Job Cuts
New job-cut data reportedly shows AI has become the leading stated reason for layoffs, a sign of how quickly automation is affecting who keeps their job.
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After 500 layoffs, Workday says 28% business leaders expect AI to reduce headcountA Workday workforce report finds 28% of business leaders expect AI to cut headcount, with roles shifting toward advanced AI skills while support for workers adapting lags.
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HubSpot layoffs to affect 660 employees at Cambridge-based company amid AI shiftHubSpot is laying off about 660 employees as it pivots to an AI-focused strategy, another example of companies restructuring their workforces around AI.
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Fearing AI, young workers retrain for hands-on jobsSome young workers are leaving office jobs for teaching, health care and the trades out of concern about AI. The shift shows how anticipated automation is already shaping career choices and trade-offs.
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US payroll data shows young workers' jobs most affected by artificial intelligenceUS payroll data shows employment for 22–25-year-olds in AI-exposed roles fell 4.4% year-on-year in August, continuing monthly declines since October 2023, a sign of early-career displacement.
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CARIAD restructures software operations around AI, plans 1,600 job cutsVW Group's software unit CARIAD is restructuring around AI and plans 1,600 job cuts, a concrete case of AI reshaping software engineering employment.
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Norway's biggest bank DNB to lay off around 400 staff amid AI-driven changesNorway's largest bank DNB plans to cut about 400 jobs, with its CEO citing AI's changes to work and customer service, adding to evidence of AI-linked white-collar job losses.
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The 'death' of back-office jobs: office work in the AI stormEuronews examines how AI is automating back-office tasks in insurance and banking, and which office roles face displacement first, a pressing concern for clerical workers.
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AI Benefits at Work Unevenly DistributedA Gallup survey finds U.S. workers using AI report speed and creativity gains, but those users tend to already hold quality jobs, suggesting AI may widen workplace inequality.