employment dynamics

Global Companies Brace for Workforce Cuts Amid AI Revolution

Global Companies Brace for Workforce Cuts Amid AI Revolution

NeelRatan

A recent report reveals that 41% of global companies intend to downsize their workforces by 2030 due to AI advancements. Meanwhile, the World Economic Forum identifies certain jobs as facing significant decline, while tech and AI-related roles are projected to grow rapidly in demand.