Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

AI Could Be Helping Deloitte Avoid Mass Layoffs in The Future

Dec 18, 2023 - bloomberg.com
Consulting giants are facing a unique problem this year as they are laying off hundreds of employees despite hiring thousands of college graduates to meet new demand. Deloitte LLP, one of the largest, is turning to artificial intelligence (AI) to address this issue.

Deloitte is using AI to assess the skills of existing employees and devise plans to move them from less busy areas of the business to roles that are more in demand. This is part of a larger strategy by the professional services firm to use technology to regulate hiring growth over time.

Key takeaways:

  • Many large consulting firms are facing the challenge of having to dismiss staff despite hiring thousands of new graduates to meet new demand.
  • Deloitte LLP, one of the largest consulting firms, is turning to artificial intelligence to address this issue.
  • The firm is using AI to assess the skills of existing staff and create plans to move them from less busy areas of the business to roles that are more in demand.
  • This strategy is part of a larger bet by Deloitte that AI technology will allow it to moderate its hiring growth over time.
View Full Article

Comments (0)

Be the first to comment!