Helen Poitevin
Coverage of Helen Poitevin in the Nexus archive.
- AI layoffs may be backfiring on companies
A Gartner study of 350 global business executives reveals that companies cutting jobs while adopting AI are not necessarily seeing better returns on investment. About 80% of organizations deploying AI reported workforce reductions, but these cuts did not translate into stronger financial performance. Companies seeing better AI returns instead invest in skills and human-AI collaboration rather than simply eliminating workers.
- AI layoffs backfire as cutting staff doesn't cut it, firms warned
Research by Gartner found that companies cutting staff to boost margins using AI are not seeing meaningful returns on investment, and instead, layoffs are creating vacancies. Companies investing in new skills and roles are seeing better results. The analyst firm expects autonomous businesses to start creating jobs by 2028 or 2029.