Exposed! Companies' Reluctance to Attribute Layoffs to AI

Instead, reasons such as cost-cutting or low profit margins are cited by managements to explain away staff layoffs.

There’s little doubt that the rapid adoption of artificial intelligence (AI) is beginning to impact employment trends, but guess what? It seems many companies worldwide refrain from directly attributing staff layoffs to AI.

Some human resources professionals and monitoring agencies have suspected this, but a study has now confirmed it. You will read tha…