AI’s New Hobby: Reducing Your Workforce Elegantly
2025 is shaping up like the tech industry's Great Unemploying—Peloton, Adidas, Block, and Blue Origin are among the many slashing jobs. Adidas claims it's not cost-cutting but admits it 'had grown too complex,' while Jeff Bezos' Blue Origin vows to fix 'bureaucracy and less focus' by cutting 10%. Meanwhile, AI is stealing center stage, with a World Economic Forum survey revealing 41% of companies anticipate cuts due to automation. As Oracle, CNN, and Amazon hint jobs will be 'done differently,' it seems AI isn't just rewriting code but entire payrolls.
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Source: Businessinsider | Published: 8/13/2025 | Author: Dominick Reuter,Ashley Stewart,Shubhangi Goel,Sarah Jackson,Pete Syme,Jyoti Mann,Lakshmi Varanasi,Katie Balevic,Aditi Bharade,Katherine Tangalakis-Lippert,Alice Tecotzky,Lloyd Lee,Sarah Perkel,Alex Bitter,Ana Altchek,Katherine Li,Lee Chong Ming,Milan Sehmbi,Lauren Edmonds,Nora Redmond,Rebecca Rommen,Tom Carter,Kelsey Vlamis,Jordan Hart