"CEOs are freezing "first-timer" hires as AI reshapes workflows and automates entry-level tasks, a career coach to the Fortune 500 warns. Gen Z grads who position themselves as problem-solvers and AI-literate innovators will stand out-and land the roles that remain. From OpenAI's Sam Altman to Anthropic's Dario Amodei, tech leaders keep sounding the alarm that entire professions could be wiped out by AI in the next 5 years -and entry-level workers are first in line."
"Unfortunately, it's not exclusive to the tech industry, where 82,000 employees have already been laid off. Looming disruption really is playing out in boardrooms, where Bill Hoogterp is often a fly on the wall: He has spent decades advising thousands of executives, many of whom appear on Fortune's lists of the most powerful people in business -and he confirmed what workers are already suspecting."
""There's definitely pausing on a lot of jobs," Hoogterp told Fortune, adding that while it's not quite jobs armageddon, AI is making leaders question the value of new hires in particular. "They're saying, 'hey, we're not going to hire a lot of first-time lawyers or first-time this or first-time that', so that's a huge change, but teams within the company are still hiring," he said."
CEOs are freezing many first-time hires as AI reshapes workflows and automates entry-level tasks across industries. Tech leaders warn that entire professions could be displaced by AI within five years, placing entry-level workers at greatest risk. Significant tech layoffs have already occurred, and boardrooms are increasingly scrutinizing the value of new hires. Employers prioritize candidates who can solve concrete problems and demonstrate AI literacy. Economic uncertainty and cost pressures are reducing hiring for roles created for training. Over four million Gen Zers are currently NEETs, making visible problem-solving and AI skills crucial to secure remaining positions.
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