Corporate Staff Cutting and Artificial Intelligence - News Summed Up

Corporate Staff Cutting and Artificial Intelligence


Spotify announced this week, through a very public memo to its employees, its plan to layoff about 17% of its workforce. The CEO's memo was the subject of an interesting WSJ discussion regarding similar corporate communications that justify, explain and spin layoffs. Reductions in force are, sadly, a longstanding feature of employment in corporate America. Those reductions might occur in response to changing business needs, economic evolution and funding concerns, among many other reasons. This technology – perhaps an ideal use of AI – might be like a technological slim-down pill that can help employers avoid corporate downsizing by predicting hiring needs with laser-like precision.


Source: Wall Street Journal December 07, 2023 16:18 UTC



Loading...
Loading...
  

Loading...