AIBusinessTechnology

AI Workforce Disruption Accelerates as Companies Reshape White-Collar Employment

Corporate America is rapidly implementing AI technologies that are already displacing white-collar workers. New data shows entry-level hiring in AI-exposed positions has dropped 13% since large language models became widespread, with economists predicting this represents only the beginning of a multi-decade transformation.

Corporate America’s AI Transformation Accelerates

The artificial intelligence revolution is fundamentally reshaping corporate workforces less than three years after the generative AI boom began, according to industry analysts. Executives across major industries are reportedly informing employees and shareholders that their workforce composition will dramatically change due to the accelerating technological transformation.

Business

Macy’s Revival Strategy Shows Early Promise as New CEO Overhauls Historic Retailer

Under new leadership, Macy’s is embracing fundamental retail principles to reverse years of declining sales. The company’s focus on enhanced staffing, visual merchandising, and cultural transformation shows early signs of success amid challenging retail conditions.

Macy’s Strategic Transformation Underway

Macy’s new chief executive officer Tony Spring is implementing a comprehensive turnaround strategy for the 167-year-old department store chain, according to recent reports. After taking leadership in early 2024, Spring has shifted the company away from what he described as denial about its problems and toward embracing fundamental retail improvements.