With the AI hype spreading, the price of the tech explosion is already changing into obvious — not only for firms that ramp up spending, however to the displaced staff caught within the blast radius.
Based on estimates from Challenger, Grey & Christmas, executives particularly cited AI as a cause for greater than 48,000 job cuts within the U.S. this yr.
How that exhibits up within the journey sector varies.
Some executives cited the tech straight. Others averted that language, however used phrases like “effectivity,” “streamlining,” and “restructuring” earlier than diving into enthusiastic financial savings projections and reinvestments into automation, conversational bots, or clever brokers. The implications are exhausting to overlook.
Consider it as an indication of issues to return. For now, nevertheless, right here’s the place journey employers stand with workforce reductions seemingly or straight associated to AI.
Firms That Explicitly Cited AI for Layoffs
