41% of Employers to Cut Staff by 2030 Due to AI, Says WEF Report

A World Economic Forum report reveals that 41% of global employers anticipate staff reductions by 2030 due to AI-driven automation. While 77% plan to upskill their workforce for AI collaboration, the report highlights the significant impact on the job market. Graphic designers and legal secretaries are among roles projected to decline, emphasizing the growing importance of AI skills, creative thinking, and lifelong learning. Despite predicting net job growth over the next five years, the report acknowledges substantial job displacement due to AI.