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Companies Cite AI Impacts Amid Layoffs

February 27, 2024

Via: HR Hero
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The recent trend of layoffs across various industries, including major companies like UPS, Salesforce, and SAP, has sparked discussions about the role of Artificial Intelligence (AI) in these decisions. While some of these companies have hinted at AI’s role in driving efficiencies, the broader narrative about AI’s impact on jobs is more nuanced.

Recent Layoffs and AI’s Influence:

  • UPS: The company’s decision to cut 12,000 jobs stems from its efforts to increase efficiency, where AI is a significant factor.
  • Salesforce: This tech giant’s layoff of approximately 700 employees coincides with the industry’s growing focus on AI, although the company did not explicitly cite AI as a reason for the layoffs.

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