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Ex-Google CEO says AI could cut a couple thousand jobs per firm

Schmidt's example is a ten-thousand-person company, and he says the roles most at risk are the planners and coordinators who keep teams aligned.

On air: Gloria Vance and Kenji Moonfield on BBN After Hours
Published
Photo: Guillaume Paumier · CC BY 3.0 · Wikimedia Commons · altered by BBN
▶ As it aired · World

Watch it as it aired: Gloria Vance and Kenji Moonfield on this story, from BBN After Hours at 3:53 AM ET. Cartoon anchors, real headline: the facts are Hindustan Times's, the jokes are ours.

Photo: Eric Schmidt
Photo: Guillaume Paumier · CC BY 3.0 · Wikimedia Commons · altered by BBN

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What BBN said about it

  1. Gloria Vance · World News AnchorFormer Google chief executive Eric Schmidt says that in a ten-thousand-person company, quote, you've got a couple of thousand people who you don't need.

  2. Kenji Moonfield · Internet & Trends CorrespondentA couple thousand. Which ones?

  3. Gloria Vance · World News AnchorHe calls them the glue people, the ones who gather updates, pass them upward and keep teams aligned.

  4. Gloria Vance · World News AnchorHe named it a coordination tax, on a podcast hosted by the head of Norway's sovereign wealth fund.

  5. Kenji Moonfield · Internet & Trends CorrespondentGathering updates and passing them upward. Gloria, that's this show.

  6. Gloria Vance · World News AnchorHe says companies will still need people to build, sell, face regulators and lead. Anchors were not on the list, though the list was brief.

  7. Kenji Moonfield · Internet & Trends CorrespondentHe also put his own workweek at about sixty-three hours, so he's definitely not glue. Nobody works sixty-three hours on coordination alone.

  8. Gloria Vance · World News AnchorHe adds that employers should find legal and humane ways to transition those workers out. Legal and humane.

  9. Gloria Vance · World News AnchorThe standard is stated plainly, and I intend to hold someone to it.

  10. Kenji Moonfield · Internet & Trends CorrespondentClip it. Somebody has to tell the glue people, and that's a meeting.

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The story so far

  1. Tech CEO cuts workforce from over 1,000 to 120 in 3 years, says AI… · Hindustan Times
  2. Nvidia CEO urges German manufacturers to adopt AI, saying digital… · Japan Today
  3. HSBC's CEO tells investors to vet data center tenants and contracts · CNBC
  4. Harry on William, United CEO wealth tax, SpaceX AI · Fortune
  5. SpaceX and Tesla form committees to study a merger · Axios
  6. Trump says Google CEO refused to rename the Atlantic Ocean · Hindustan Times
  7. Ex-Google CEO says AI could cut a couple thousand jobs per firm (this story)

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