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One way companies are making AI backlash worse

Summary by Business Insider
CEOs often tell workers to embrace AI, yet sometimes cite the technology when cutting jobs.Jamie Kelter Davis/Bloomberg via Getty ImagesMany CEOs advocate AI adoption yet cite it as a driver of layoffs, creating a complex workplace dynamic.One company, Standard Chartered, said it plans to cut over 7,000 jobs by 2030 as tech takes on tasks.Despite CEOs' enthusiasm for AI, many firms are still working to see major ROI on the technology.CEOs want y…

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Business Insider broke the news in New York, United States on Saturday, May 30, 2026.
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