Six in ten large UK firms blame AI for fewer junior roles
A Work Foundation survey of 1,001 businesses finds 36% have cut entry-level jobs, with large employers pointing squarely at AI and automation.
61 articles tagged Automation
A Work Foundation survey of 1,001 businesses finds 36% have cut entry-level jobs, with large employers pointing squarely at AI and automation.
Indeed figures show senior and AI-linked software roles growing while manufacturing postings sit 58% below 2022, leaving new entrants squeezed.
ONS data shows just under 7% of medium-sized adopters cut headcount, while US research finds employment in highly AI-exposed occupations has stayed stable.
An Engineers Ireland study says clerical and high-tech workers are most at risk from AI, with about 110,000 Irish jobs vulnerable to automation.
FTSE-100 group British American Tobacco is cutting 5,500 jobs and moving a further 3,500 roles to partners as its AI-focused Fit2Win programme accelerates.
The Army's ASGARD system has compressed corps-level planning from 72 hours to one, its top general says, part of a £1bn battlefield AI push.
The DVLA's AI-powered voice system has cut average call-navigation time from three minutes to 90 seconds, handling some of its 900,000 monthly calls.
Banking leaders are divided over AI job cuts after Standard Chartered moved to cut 8,000 roles, with Morgan Stanley forecasting up to 400,000 European losses.
Treasury minister Darren Jones warns the UK benefits bill could become unaffordable within a decade if AI puts millions out of work and concentrates wealth.
NHS Shared Business Services and Salesforce have launched SBS One, an AI-powered finance and procurement help centre that NHS SBS says resolves most queries within 24 hours.
A Welsh tech entrepreneur has urged the UK government to consider a 'minimum wage for robots' to slow AI-driven job displacement and protect workers.
Microsoft, Amazon, Block and Oracle have cut tens of thousands of jobs in the last year, blaming AI — but researchers say much of it may be 'AI-washing'.
PwC US chief Paul Griggs warns that partners resisting AI adoption will be replaced, as the firm launches an automated services platform and shifts away from hourly billing.
GovAI and Brookings study finds 6.1 million clerical workers are both highly exposed to AI and least able to adapt. Women hold 86% of the most vulnerable roles.
Basware has launched AI agents within its Invoice Lifecycle Management platform, targeting autonomous accounts payable with built-in governance.
St James's Place, Schroders, and Lombard Odier defend their business models as US fintech AI tax tool sends wealth management shares tumbling.
Deutsche Bank's proprietary AI tool dbLumina forecasts major disruption to wealth management, trading and financial services roles over the coming decade.
Airbnb's custom AI agent handles roughly a third of customer support in North America, with global rollout planned and a target of 30% worldwide within a year.
UJET CEO argues AI's real value in call centres is eliminating clunky software, not replacing staff, as Gartner warns AI resolution costs may exceed human agents by 2030.
AI agents are moving beyond traditional automation in banking, bringing adaptive decision-making to payments, fraud detection, compliance, and corporate treasury operations.
Senior engineers at leading AI labs report that 100% of their code is AI-generated, raising questions about the future of software development roles.
Digital Jersey's CEO proposes AI agents as 'synthetic workers' to boost economic output while avoiding the housing pressures of traditional workforce expansion.
Despite fears about job losses, unemployment rates in the UK, EU and US remain at historic lows. Here's why AI creates new work even as it automates existing roles.
AI-enabled robots are moving beyond production lines into dynamic environments, with over 4.7 million industrial robots now in operation globally.
Major travel companies are developing AI tools that can autonomously monitor prices and book flights, though consumer trust remains a significant hurdle.
New NFER research predicts significant job losses in trades, administration and machine operations, while professional roles may grow.
Cognizant research predicts AI-powered consumers could drive £690 billion UK spending by 2030 as autonomous agents handle transactions on users' behalf.
NYU researchers develop SeeUnsafe system combining language and vision AI to automatically identify collisions and near-misses in traffic camera footage.
Buy now, pay later company Klarna cuts headcount from 5,527 to 2,907 since 2022 through AI adoption, whilst boosting average employee compensation from $126k to $203k.
Y Combinator founder explains how AI agents handle admin, customer support, and marketing tasks once reserved for enterprise budgets, enabling lean teams to scale.
Buy It Direct CEO forecasts 500+ job cuts over three years as AI office automation and warehouse robotics reduce staffing requirements amidst rising costs.
Google expands AI Mode with autonomous booking features for event tickets and beauty appointments, searching multiple sites to match user preferences in real-time.
Gloucestershire chip shop owner implements AI answering service to reduce operational costs while maintaining customer service quality.