Close
New York has become the first U.S. state to mandate companies disclose AI's role in layoffs, reflecting the growing impact of AI on the workforce. This decision comes amid alarming reports of potential job losses, particularly in global banks and companies like Meta, which is cutting 5% of its staff. Governor Kathy Hochul's expansion of the Worker Adjustment and Retraining Notification (WARN) Act aims to hold businesses accountable for AI-related job losses.
The new regulations require businesses to notify the state about layoffs linked to AI adoption, promoting transparency and corporate responsibility. This move could encourage companies to invest in reskilling programs to mitigate workforce disruptions caused by AI. As AI continues to reshape industries, the focus on responsible management of its societal effects is becoming increasingly critical.
• New York mandates disclosure of AI's role in layoffs.
• Meta is cutting 5% of its workforce, targeting low performers.
AI adoption refers to the integration of artificial intelligence technologies into business operations, impacting workforce dynamics.
Reskilling involves training employees to acquire new skills necessary for adapting to AI technologies in the workplace.
The WARN Act requires companies to provide advance notice of mass layoffs, now including those related to AI.
Meta is a technology company that is actively reducing its workforce, highlighting the impact of AI on employment.
The Business Journals 14month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
