CEOs Confused: Shrink Workforce But Happy-ish About Economy?

So let me get this straight: CEOs just gave their confidence a 'ripping' 15-point jump to 49—but that's still below 50, meaning more gloom than bloom. 'The improvement is a continuation of the trend...' said Stephanie Guichard, basically translating to, 'Tariff drama cooled off, please clap.' Meanwhile, more CEOs plan to shrink their workforce (34%) than expand it (27%), as if running a business is juggling flaming chainsaws in a hurricane. And get this, 93% will ’manage costs’ by unleashing AI or automation – because nothing says ‘job security’ like robots replacing your buddy Bob. Oh, I'm sorry, did I miss the part where this looks like a confident blueprint for economic stability?

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Source: Axios | Published: 8/7/2025 | Author: Emily Peck