Enterprises Push Ahead with AI-Powered Job Replacement Despite Risks
2 Articles
2 Articles
Enterprises Push Ahead with AI-Powered Job Replacement Despite Risks
AI might be gunning for your job are increasing. Faced with pressure from stakeholders and competitors, many companies have pushed forward with slashing positions that they believe the tech is capable of handling. Last week, telecommunications firm Altice cut 1,000 employees, or 16% of its workforce, with AI creating redundancies among some jobs as the company cut costs. Altice’s decision is far from singular. Major firms like Klarna, UPS, Duo…
AWS, Microsoft Pour Billions into AI Amid Widespread Job Cuts
In the heart of the tech industry’s relentless push toward artificial intelligence, Amazon Web Services (AWS) and Microsoft are reshaping their workforces, balancing massive AI investments with strategic layoffs that signal a broader shift in how companies prioritize efficiency over expansion. Recent announcements from AWS reveal hundreds of job cuts, even as the cloud computing arm reports robust sales growth, highlighting a paradox where techn…
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