41% of Companies Worldwide Plan to Use AI to Cut Workforce

A survey by the World Economic Forum (WEF) reveals that 41% of global companies plan to reduce their workforce by 2030 due to AI-driven automation, particularly in roles with repetitive tasks. However, 77% of companies intend to upskill their employees in AI technologies, and 70% aim to hire talent for developing and improving AI tools. The rise of AI is expected to increase demand for specialized roles while reducing jobs in fields like graphic design.

A survey by the World Economic Forum (WEF) involving 100 large companies globally revealed that 41% intend to reduce their workforce by 2030 due to automation through artificial intelligence (AI). Jobs primarily affected will include those involving routine, repetitive tasks, such as postal service roles, graphic designers, executive assistants, and customer service positions.

However, 77% of companies in the survey expressed plans to train their existing workforce in AI technologies, particularly generative AI, between 2025 and 2030, to foster effective collaboration between humans and machines.

On the flip side, the rise of AI is also expected to create new job opportunities. Around 70% of the companies intend to hire employees with expertise in creating and enhancing AI tools, and 62% plan to recruit individuals with skills to work efficiently with AI.

The WEF noted in its press release that advancements in AI and renewable energy are transforming the labor market, driving up demand for technical or specialized roles while reducing the need for others, such as graphic designers.

Disclaimer
This data comes from a WEF survey and reflects trends and projections that may evolve. The actual impact of AI on the workforce will depend on various factors, including technology adoption and training programs.

source :Big