MIT study finds AI can already replace 11.7% of U.S. workforce
Massachusetts Institute of Technology on Wednesday released a study that found that artificial intelligence can already replace 11.7% of the ...
Tag: Layoffs
IBM cutting thousands of jobs in the fourth quarter
Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, ...
Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for ...
Amazon laying off about 14,000 corporate workers as it invests more in AI
Amazon said Tuesday that it will lay off about 14,000 corporate employees, marking the latest cuts in the company's multiyear ...
Companies are blaming AI for job cuts. Critics say it’s a ‘good excuse’
More companies are announcing AI-driven layoffs from Salesforce to Accenture.Twenty20From tech to airlines, large global companies have been slashing staff ...
Salesforce CEO confirms 4,000 layoffs ‘because I need less heads’ with AI
Salesforce CEO Marc Benioff participates in an interview at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Chris ...
Amazon cuts some jobs in cloud computing unit as layoffs continue
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on ...
Microsoft layoffs hit 830 workers in home state of Washington
Microsoft CEO Satya Nadella speaks at the Axel Springer building in Berlin on Oct. 17, 2023. He received the annual ...
“When is cancer political?” Medical researchers, patients decry Trump admin’s layoffs, budget cuts
They might easily be mistaken for Congressional staffers, reluctant to face the day, but these are among the most accomplished ...
Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Mathisworks | Digitalvision Vectors | Getty ImagesWhile Elon Musk has ended his government cost-cutting initiative that resulted in thousands of ...
