“Bosses betting on #AI to slash #headcount and boost #margins are discovering an uncomfortable truth: the #strategy isn't working.

New research from #Gartner lays out the problem in stark terms. The analyst firm surveyed 350 global businesses - all with annual revenues above $1 billion, all piloting or deploying #IntelligentAutomation - and found that around 80 percent had cut #staff as a result.

The returns? Elusive. Companies that reduced their workforces were just as likely to see negative outcomes or marginal gains as they were to generate any meaningful return on #investment”

PHB’s need to be schooled in critical thinking. Was there ever the case for Engineer replacement instead of AI as just another tool?

#ZeroHourWork / #WhiteCollar / #ROE <https://www.theregister.com/ai-and-ml/2026/05/06/ai-layoffs-backfire-as-cutting-staff-doesnt-cut-it-firms-warned/5230631>