Top Stories
All Sections
Finance
About
15 results for "future of work"
New Goldman Sachs research finds workers displaced by AI are 10 percentage points more likely to remain unemployed a year later — and those who do find work are increasingly landing in roles with equal or greater AI exposure.
135,000 tech workers have been laid off in AI-attributed cuts through October 28 — a 450-per-day pace — led by Microsoft's voluntary buyout offer to roughly 60,000 employees.
A Bloomberg analysis finds AI-driven displacement falls hardest on low-income workers—7.9 million U.S. jobs face high displacement risk, concentrated in lower-wage roles where transition pathways are fewest.
A new McKinsey report estimates 11 million U.S. workers will need to change occupations entirely by 2035 as AI reshapes labor demand — the largest sustained workforce transformation in U.S. history, even as aggregate job growth remains positive.
One in 40 U.S. job postings now requires AI skills — up 297% over the past decade and double year-over-year through May 2026. Seven net-new job categories are actively being staffed as AI reshapes workforce composition.
BCG's 2026 AI at Work report projects 10–15% of U.S. jobs eliminated and 50–55% fundamentally reshaped in five years — while 67% of heavy AI users report higher job satisfaction alongside rising cognitive load.
Tech companies have cut 142,000 jobs in 2026 while committing roughly $700 billion to AI infrastructure — with entry-level software engineering jobs down nearly 20 percent and profitable companies explicitly tying layoffs to AI investment acceleration.
LinkedIn is eliminating ~900 jobs — 5% of its workforce — as Microsoft pushes the platform to accelerate AI-powered hiring products that have already crossed $450M in annual recurring revenue.
73% of hiring directors use AI to manage applications, 65% say AI rejected applicants before human review, and 52% use AI data to drive layoff decisions — with most workers unaware any of it is happening.
BCG's new report argues the AI-unemployment narrative is wrong: AI will transform 44% of all jobs before eliminating them, creating reskilling pressure that policy is completely unprepared for.
Meta and Microsoft announced roughly 20,000 job cuts in a single week—and new data shows AI and automation now account for nearly half of all tech-sector layoffs.
Global tech layoffs reached 73,000 jobs through April 2026, with companies explicitly citing AI-driven restructuring — and a Gallup survey finding 18% of U.S. workers believe their job will be eliminated by AI within five years.
Goldman Sachs found AI directly responsible for 16,000 U.S. job eliminations per month, with Gen Z workers concentrated in the white-collar roles hit hardest.
Goldman Sachs analysis finds AI-driven job displacement is running at 16,000 U.S. positions per month. Gen Z is taking the hardest hit, concentrated in exactly the white-collar roles AI automates first.
Goldman Sachs research finds AI eliminates ~25,000 U.S. jobs monthly while creating ~9,000 — a net loss of 16,000 per month, with Gen Z bearing disproportionate displacement in entry-level roles.