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Half of tech leaders predict that AI adoption in 2024 will result in both hiring and layoffs


A recent report from Ernst & Young sheds light on the evolving landscape of AI adoption within the tech industry. In a poll conducted in March, 255 U.S. business leaders revealed a mixed outlook on the impact of AI adoption on their workforce dynamics. Surprisingly, 50% of respondents foresee a combination of layoffs and hiring in the next six months, signaling a strategic realignment of their talent pool in response to emerging technology trends.

Vamsi Duvvuri, EY’s technology, media, and telecommunications AI leader, emphasized that this transition towards AI proficiency entails a continuous cycle of workforce reshaping, characterized by both layoffs and hiring. However, he also highlighted the positive outlook surrounding AI, noting that employees and companies are enthusiastic about the opportunities it presents for scaling and enhancing competitiveness in the marketplace.

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Target State: California
Target City : Carlsbad
Last Update : Oct 21, 2025 6:54 AM
Number of Views: 8
Item  Owner  : fortuneviews
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2025-10-21 (0.349 sec)