How Deloitte is looking at AI to avoid mass job cuts in future

Many fear AI (artificial intelligence) taking away jobs. But there are companies that plan to use the technology to avoid layoffs. The consulting giant Deloitte is reportedly looking to artificial intelligence to avoid mass job cuts. According to a report in Bloomberg, Deloitte LLP is using AI to evaluate existing staffers’ skills and map out plans that would shift employees away from quieter parts of the business and into roles that are more in demand. It’s reported to be part of the broader bet by the company to use the technology to moderate hiring growth over time.

Deloitte’s move to retain its employees using AI comes after the company hired in large numbers in the years after the pandemic. Deloitte is said to have added 130,000 employees to its global headcount earlier this year.