1 week ago
AI Reshapes Hiring As Global Giants Cut Jobs
Artificial intelligence is changing how companies hire people.
Some large companies are cutting jobs or slowing hiring as they adopt AI.
The jobs most at risk are routine office jobs, such as clerical and administrative work.
Many women work in these roles, so they could be affected more heavily.
Sabina Dewan says companies and investors may receive more of AI’s benefits than workers.
When people lose jobs, they may spend less money.
That could also hurt people working in India’s informal economy.
She says India’s training and support systems are not yet ready for changes happening this quickly.
The article examines job cuts and hiring slowdowns at Oracle, Visa, Amazon and other global companies as AI changes employment.
Sabina Dewan said artificial intelligence is changing work faster than previous technological revolutions.
She argued that AI’s benefits are flowing more to companies and investors than to workers.
Routine clerical and administrative roles are especially exposed, with women potentially affected disproportionately.
Dewan warned that layoffs could reduce spending, affect India’s informal sector and strain inadequate skills and social-protection systems.
- Who
- Oracle, Visa, Amazon, other global companies, affected workers and Sabina Dewan of JustJobs Network.
- What
- AI is contributing to job cuts, hiring freezes or slowdowns, and changes in demand for routine work.
- Where
- India is the primary focus, although the article discusses global companies.
- When
- The article does not specify a precise date or period.
- Why
- Companies are adopting artificial intelligence, which is replacing or changing some routine tasks and jobs.
Key facts
- Main trend
- Artificial intelligence is reshaping hiring and employment.
- Companies named
- Oracle, Visa and Amazon are identified in the headline as cutting jobs amid AI-driven changes.
- Jobs at risk
- Routine, clerical and administrative roles are described as particularly exposed.
- Gender impact
- Women may be disproportionately affected because they often perform clerical and administrative work.
- Economic spillover
- Layoffs could reduce consumption and spending, affecting India’s informal sector.
- Policy concern
- India’s skills and social-protection systems are described as unprepared for the pace and scale of AI-driven change.
- Expert quoted
- Sabina Dewan, President and Executive Director of JustJobs Network.
Quotes
Sabina Dewan
President and Executive Director of JustJobs Network
“The benefits of AI are flowing disproportionately to capital rather than workers, and the evidence is already visible in the layoffs and hiring freezes/slowdowns we are witnessing.”
timesnownews.com
Sources
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