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Maroc Maroc - WN.COM - Business - 10/Nov 14:00

Finding job security in this time of layoffs

I had an interesting discussion at the Reading Club last week based on the question of whether artificial intelligence is causing the growing trend of layoffs. After we agreed that, yes, it is, our thoughts morphed into a bigger conversation about changes in the U.S. and global economies and workforce needs. We then agreed that as layoffs continue to impact government, financial, tech, media, retail sectors and beyond, another trend is also true: While entry-level and redundant jobs are being ill-affected, there are also many new opportunities. For example, take IBM. A few years ago, after automating 94% of routine HR tasks with AI, IBM initially cut about 8,000 jobs. Yet...

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