Survey reveals 41% of companies plan job reductions due to AI advancements - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Jamie Dimon and Elon Musk "Hug it Out" After Lawsuit Settlement
user-iconAtlas Winston
side-post-image
Ancient Marble Statue Discovered Abandoned in Garbage Bag Near Thessaloniki
user-iconGloria Terra
Contact Phone:
Economy

Survey reveals 41% of companies plan job reductions due to AI advancements

share-iconThursday, January 09 comment-icon1 week ago 9 views
News sources:
thehillTHEHILL
Survey reveals 41% of companies plan job reductions due to AI advancements

Credited from: THEHILL

  • 41% of companies globally are expected to reduce their workforce due to advancements in artificial intelligence, according to a World Economic Forum survey.
  • The “Future of Jobs Report” highlights that if AI can replicate jobs, employers will likely shrink their staff.
  • As industries evolve, generative AI is reshaping tasks across all sectors, prompting a shift in the job landscape.
  • 77% of employers plan to invest in reskilling and upskilling their workforce to adapt to AI technologies.
  • The survey encompassed input from 1,043 companies between May and September 2024, reflecting on technology's impact on employment.

For the full article, visit The Hill.

SHARE THIS ARTICLE:

TAGS:

Ai Job cuts Workforce Survey World economic forum
author-dp

Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

nav-post-picture
date-iconJanuary 09, 2025 Explore Traditional Bengali Make-Ahead Recipes for Poush Sankranti
date-iconJanuary 09, 2025 Understanding 'Nobel Disease': Insights Into Pseudoscientific Beliefs Among Laureates
nav-post-picture
Related Posts
main-post-image
POLITICS
Jamie Dimon and Elon Musk "Hug it Out" After Lawsuit Settlement
date-iconJan 22, 2025
main-post-image
WORLD NEWS
The Brutalist AI Controversy: Has the Film Industry Crossed a Line?
date-iconJan 22, 2025
main-post-image
TECHNOLOGY
Elon Musk Challenges Trump’s $500 Billion AI Stargate Initiative, Questions Funding Reality
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Over One Million Flee Sudan Conflict to South Sudan, UN Reports
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Trump Announces Historic $500 Billion AI Infrastructure Partnership 'Stargate' with Major Tech Players
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Interior Secretary Deb Haaland Optimistic about Conservation Efforts Amid Trump's Threats
date-iconJan 18, 2025

Stay Connected

main-post-image
World News
Nepal Increases Mount Everest Climbing Permit Fees by 36% Amid Environmental Concerns
date-icon January 22, 2025
main-post-image
World News
Billionaires' Wealth Tripled in 2024, Oxfam Reports Ahead of Davos Event
date-icon January 20, 2025
main-post-image
World News
Carlos Alcaraz Advances to Australian Open Quarters as Jack Draper Retires Due to Injury
date-icon January 19, 2025
main-post-image
World News
Bipartisan Efforts Lead to Historic Gaza Ceasefire Agreement Amidst Political Rivalry
date-icon January 16, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Jamie Dimon and Elon Musk "Hug it Out" After Lawsuit Settlement
user-iconAtlas Winston
side-post-image
Ancient Marble Statue Discovered Abandoned in Garbage Bag Near Thessaloniki
user-iconGloria Terra
© 2025 All rights reserved | PRESS AI WORLD