The company's software uses machine learning and AI to detect plagiarism in student writing and is sold to educational institutions. This move follows recent industry trends, such as Klarna's announcement that its AI Assistant can replace 700 workers. Turnitin declined to comment on the exact number of layoffs, citing respect for the privacy of the affected employees.
Key takeaways:
- Turnitin CEO Chris Caren had previously stated that AI would enable the company to reduce its headcount by 20% within 18 months.
- Turnitin has confirmed a small number of layoffs, although it is not yet close to the 20% reduction Caren had predicted.
- Caren suggested that AI would allow the company to hire staff straight out of high school, rather than requiring four-year college degrees, for roles in engineering, sales, and marketing.
- Other companies, such as Klarna, have also begun using AI to replace workers, with Klarna's AI Assistant reportedly capable of doing the job of 700 workers.