Google ex-CEO says most companies have got thousand employees they don’t need

 Eric Schmidt remarked that AI technology might help large corporations operate more efficiently with fewer staff. He suggested that significant job roles focused on planning and coordination could be reduced or eliminated. Schmidt provided an example of a company that laid off 20% of its workforce, highlighting the changing nature of job requirements. He emphasized that essential roles in sales and leadership would still be necessary. Eric Schmidt remarked that AI technology might help large corporations operate more efficiently with fewer staff. He suggested that significant job roles focused on planning and coordination could be reduced or eliminated. Schmidt provided an example of a company that laid off 20% of its workforce, highlighting the changing nature of job requirements. He emphasized that essential roles in sales and leadership would still be necessary.