AI-driven layoffs aren’t making business sense (opens in new tab)

A huge majority of large enterprises have laid off employees after rolling out AI initiatives, but reducing headcount doesn’t lead to the ROI executives may expect. Eighty percent of large enterprises surveyed by Gartner have reported workforce reductions after launching automation projects, with the average reduction between 1% and 15%. The IT analyst firm, however, has found no correlation between layoffs and AI ROI. Enterprises reporting significant ROI from automation initiatives have lai...