Last month, IBM and the National Eating Disorder Association announced plans to reduce their human staff.
comes from Challenger, Gray, and Christmas, Inc., an outplacement firm headquartered in Chicago. The company’s May report says that U.-based companies announced 80,089 job cuts last month, and 3,900 of those are directly related to artificial intelligence. May’s job cuts are a 20% increase over April’s, which saw 66,995 positions axed according to the report.
With talks of a looming recession, it’s possible that companies really are beginning to pare down the human employees in their workforce in favor of a bucket of AI“Consumer confidence is down to a six-month low and job openings are flattening. Companies appear to be putting the brakes on hiring in anticipation of a slowdown,” said Challenger, Gray & Christmas, Inc. senior vice president Andrew Challenger in the report.in the coming years for roles in which AI could replace humans.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The heartwarming thing a Utah couple did when the youngest of 11 kids graduated high schoolThe last of Greg and Angela Bates' 11 children graduated from high school last week, which culminated nearly three decades of their children attending Alpine School District schools.
Read more »
High-paying jobs come with student-loan forgiveness: DemocratsRepublicans are staunchly opposed to student-loan forgiveness, but Democrats think it goes 'hand in hand' with creating high-paying jobs
Read more »
Ukraine says inspections found nearly a quarter of its air-raid shelters locked or unusableConcerns around civilian safety have spiked in Ukraine, as officials announced that an inspection had found nearly a quarter of the country's air-raid shelters locked or unusable, just days after Russian missiles allegedly killed a woman in Kyiv as she...
Read more »
Nearly 300 killed in one of India's deadliest train accidentsDrone footage on Saturday shows the grave extent of the passenger train collision in eastern India which has killed nearly 300 people and injured hundreds in one of the country’s deadliest rail crashes in decades.
Read more »
Nearly 300 dead in India's deadliest train crash in decades, officials sayAt least 288 people are dead and hundreds are injured after two passenger trains derailed in east India, trapping passengers under mangled train cars. Prime Minister Narendra Modi visited the scene and met with injured victims.
Read more »