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moves money CIO.com May 18, 2026

AI-Driven Layoffs Make No Business Sense

AI-Driven Layoffs Make No Business Sense
AI Summary

A large majority of large companies have reduced workforces after deploying artificial intelligence initiatives, but reducing the number of employees does not lead to the return on investment that managers expect. 80% of large companies surveyed by Gartner have reported workforce reductions after launching automation projects, with average cuts between 1% and 15%. However, the analysis firm has not found any correlation between those of

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