As the world witnesses an immense shift in the technological sphere, CEO of Amazon, Andy Jassy, announces anticipated cuts in Amazon’s workforce. At an interview, Jassy revealed that technological advancements, especially in AI, lead to the evolution of job roles.
What this means is not necessarily an unemployment crisis, but a restructuring of jobs. This transition, according to Jassy, is inevitable in all tech companies including Microsoft who is already experiencing this dynamic change.
This wave of change stirred up concerns for employees who must skill-up or brace themselves for a transformation in their work-roles. Tech giants like Amazon and Microsoft see this as an opportunity to assess current business modules against workflow efficiency.
Such shifts force these companies to focus on a reskilling agenda. Upskilling employees takes front seat, as companies are urged into prioritizing employee-training programs.
Both Amazon and Microsoft are seen to be leading the pack, setting examples in managing this seismic shift. Experts suggest that other tech companies too will follow a similar trajectory which makes skill development the need of the hour. Read More
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