AI is reshaping retail downsizing and restructuring

✨ AI is reshaping retail downsizing and restructuring

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Across all industries, AI was the second-most-cited factor by executives for layoffs this month, according to Challenger, Gray & Christmas. Even though consumer-related challenges may be more of a focus for retailers right now, the sector is far from immune to executives making AI-related change

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Across all industries, AI was the second-most-cited factor by executives for layoffs this month, according to Challenger, Gray & Christmas. Even though consumer-related challenges may be more of a focus for retailers right now, the sector is far from immune to executives making AI-related changes to their workforces, or at least thinking about doing so.

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