Tens of Thousands of White-Collar Jobs Are Disappearing as AI Starts to Bite
Artificial Intelligence,White Collar Jobs,Layoffs,Job Market
The nation’s largest employers have a new message for office workers: help not wanted.
Amazon.com said this week that it would cut 14,000 corporate jobs, with plans to eliminate as much as 10% of its white-collar workforce eventually. United Parcel Service UPS 0.74%increase; green up pointing triangle said Tuesday that it had reduced its management workforce by about 14,000 positions over the past 22 months, days after the retailer Target said it would cut 1,800 corporate roles.
Earlier in October, white-collar workers from companies including Rivian Automotive, Molson Coors TAP -3.65%decrease; red down pointing triangle, Booz Allen Hamilton and General Motors received pink slips—or learned that they would come soon. Added up, tens of thousands of newly laid off white-collar workers in America are entering a stagnant job market with seemingly no place for them.
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