Topic
workforce-restructuring
2 stories related to this topic, newest first.
livemint.comfinance62 days ago
Survey: 40% of CEOs Plan to Shift Hiring Toward Mid- and Senior-Level Roles as AI Adoption Increases
A global Oliver Wyman survey shows more than 40% of CEOs intend to reduce junior positions over the next one to two years while only 17% plan to expand them, a reversal from last year. AI agents now handle tasks once performed by entry-level staff, prompting companies to favor mi…
New York Postbusiness65 days ago
GM Restructures IT Workforce, Cutting 500-600 Roles While Hiring for AI and Specialized Positions
General Motors cut 500 to 600 positions this week, primarily in IT, as part of a broader workforce review aimed at acquiring specialized skills including AI expertise. Many employees learned of their termination in brief virtual meetings described by some as cold and scripted.