Companies face AI backlash as job-cut concerns grow (opens in new tab)

Companies are pushing employees to use artificial intelligence while some executives also cite the technology as a reason for layoffs, reorganizations or hiring slowdowns. Business Insider reported that Standard Chartered plans to cut more than 7,000 jobs by 2030 as technology takes on tasks. Other employers and policymakers are responding differently to the same technology shift. The New York Times reported that Schneider Electric has used AI in manufacturing to make workers more productive ...