AI Sparks Job Cuts, Say 99% of CEOs
May 25, 2026 at 10:01
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✦ AI Summary
- A recent study reveals 99% of CEOs foresee layoffs due to AI
- Young employees are expected to be hit hardest by these job reductions
- Companies brace for significant shifts in workforce dynamics over two years
A study conducted by Mercer has found that a staggering 99% of company executives anticipate workforce reductions over the next two years, driven by advancements in artificial intelligence.
This alarming trend particularly impacts younger employees, who are predicted to face the brunt of these job cuts. Companies are preparing for a fundamental transformation in their workforce as AI integration continues to evolve.
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