Mounting job cuts can’t be confused with a lack of work or that layoff-creating firms are struggling financially. Instead companies increasingly feel under pressure to use more AI to automate task
Between 5,000 and 10,000 monthly US layoffs are now AI-related, a Goldman Sachs report found. Photo: Stock image/Getty
AI may finally, really be coming for our jobs.
Meta’s next wave of sweeping job cuts is reportedly linked to AI. It follows 20,000 AI-related cuts at HSBC, 16,000 at Amazon, around 5,000 at HP and many, many more.
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