AI Impact on Employment - Jobs most exposed to AI, such as coding and accounting, have seen a 13% drop in employment for workers under 25 [2] - Generative AI tools are expected to shrink Amazon's corporate workforce [3] - The industry is investing hundreds of millions of dollars on advanced AI engineers [8] Organizational Restructuring - Alphabet cut 35% of its small team managers in the past year [3] - Amazon ordered a 15% boost in the ratio of individual contributors to managers [3] - The goal is fewer layers between top executives and the people actually building product [4] - Morgan Stanley estimates Amazon could cut 14,000 management roles [9] Strategic Shifts - Companies are cutting staff to fund chips and AI engineers [4] - The shift began in 2023 with a focus on efficiency, expediting decision-making [8]
AI disruption of entry-level roles now climbing the corporate ladder