AI-driven job cuts may be underreported: Challenger

AI-driven job cuts may be underreported: Challenger

Dive Brief:

  • Technology-related factors such as automation drove 20,000 job cuts among U.S.-based employers in the first half of the year, outplacement firm Challenger, Gray & Christmas said in a recent report.
  • Only 75 of those cuts were explicitly attributed to artificial intelligence, although many companies may be categorizing their AI-related layoffs more broadly, according to the analysis. Challenger’s research department uses…

Article Source
https://www.cfodive.com/news/ai-driven-job-cuts-underreported-challenger/752418/