Workforce Impact (from business side) Weekly AI News
June 2 - June 10, 2025The global workforce underwent significant AI-driven transformations this week, revealing both opportunities and disruptions. In highly automated industries like financial services and software publishing, companies achieved 27% productivity growth since 2022 – nearly four times higher than pre-AI levels. PwC's global study of nearly a billion job ads found 3x faster revenue growth per employee in these sectors compared to less AI-exposed industries like hospitality. Workers gaining AI collaboration skills now command 56% wage premiums, creating a stark divide between tech-adaptive and traditional roles.
However, job losses accelerated in sectors where AI agents can perform core tasks. Shopify and Duolingo implemented strict "AI justification" policies for new hires, reducing recruitment for customer support and content moderation roles. Revelio Labs data showed a 19% decline in postings for AI-doable jobs over three years, with most losses concentrated since 2024. Education technology firm Chegg cut 248 positions (22% workforce) as students abandoned paid services for free AI tutors like ChatGPT.
Physical industries aren't immune – UPS plans 20,000 layoffs and 73 facility closures by June 2025, citing warehouse automation gains. McKinsey's "superagency" report highlights how AI agents now handle entire workflows from data analysis to decision support, forcing companies to create hybrid human-AI teams. While this creates new roles like "AI workflow designers," it eliminates traditional middle-management positions.
The wage gap widened between workers who manage AI systems and those displaced by them. PwC found 56% higher pay in AI-intensive roles, while Axios reported rising underemployment in tech sectors as chatbot capabilities reduce demand for entry-level programmers and analysts.
Looking ahead, experts warn of "strategic layoffs" as companies like Autodesk restructure around AI rather than poor performance. Salesforce leadership emphasizes building "flexible organizations" that can rapidly adopt agentic AI, suggesting workforce volatility will continue through 2026. Workers worldwide now face pressure to develop AI collaboration skills or risk obsolescence in multiple industries.