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AI poised to tilt job market leverage toward older workers

The share of CEOs planning junior-role cuts doubled to 43%, while 74% are freezing or reducing headcount, the Oliver Wyman survey found.

Summary by Fortune
When it comes to job cuts, older workers are often disproportionately affected. But a new survey of chief executive officers suggests this won’t be a given as companies adopt artificial intelligence. More than 40% of CEOs plan to cut junior roles over the next one to two years and shift the composition of their workforce toward mid-level or senior positions, while only 17% plan to make junior roles a bigger part of the mix, according to a global…

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Fortune broke the news in New York, United States on Saturday, May 16, 2026.
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