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The adoption of AI is causing a significant shift in the skills needed for hiring in companies, as per a report by EY. A survey conducted by EY with over 250 industry leaders revealed that 50% of participants foresee a scenario of both layoffs and hiring due to the changing skillsets required in the AI era. This dilemma arises as AI brings innovation and productivity but also alters workforce dynamics, necessitating a balance between new hires and layoffs.
The report emphasizes the challenges faced by technology organizations in navigating the impact of AI on hiring requirements. While AI presents opportunities for growth and innovation, it also poses challenges in sourcing top tech talent, especially in areas like cybersecurity, data science, and AI engineering. Despite these challenges, there is a positive sentiment among technology leaders towards AI's potential to enhance workplace productivity. The report also highlights the need for companies to invest in specific roles such as cybersecurity analysts, data scientists, and AI engineers to meet the evolving demands of the AI landscape.
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