A quarter of CEOs in a PwC survey said they anticipate laying off staff this year due to AI, though firms may also be offsetting the cuts with hiring in other areas.
Around a quarter of global CEOs intend to lay off at least 5% of their workforce due to generative artificial intelligence (AI), according to a new survey from PricewaterhouseCoopers (PwC).
The Jan. 15 published survey had responses from over 4,700 CEOs from 105 countries, with over half of the surveyed CEOs leading organizations that post over $100 million in yearly revenue.
Just under a third said their company has already adopted generative AI into their operations, with 25% of CEOs expected to sack at least 5% of their staff due to the technology.
