2min chapter

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TWiST News: Headphones.com, How Sound Takes Down Drones, TollBit Secures Series A | E2031

This Week in Startups

CHAPTER

Impact of AI and Downsizing in Major Companies

This chapter explores the trend of job reductions in major companies, forecasting a 10% annual decrease in workforce. It discusses how the pandemic has been used as justification for downsizing, focusing on the impact of AI in eliminating lower-performing roles, with examples from companies like Amazon and Disney.

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