Browsing: Layoffs

Nine out of ten executives privately admit that AI hasn’t improved productivity at their companies. Yet across the tech industry,AI-driven layoffs keep accelerating— with over 1,100 jobs disappearing every single working day this year. A major new study explains why that contradiction isn’t just hypocritical. It’s self-defeating.

Business leaders and investors face a deepening paradox: Companies are pouring more money into artificial intelligence than ever, but they’re not seeing the gains in productivity that they expect.

Salesforce is set to eliminate dozens of jobs at its San Francisco headquarters, making it the tech giant’s fourth round of layoffs in less than a year as AI is implemented throughout the company.