Nearly half of companies worldwide are planning to cut jobs within the next few years as artificial intelligence (AI) reshapes industries and automates millions of positions, according to a new global report.

Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows.

A new study from World Economic Forum has highlighted what many people fear: AI will lead to job losses, with 41% of companies set to make layoffs by 2030.

Artificial intelligence is expected to replace more positions over the next five years, a new survey says, as 41% of employers worldwide plan to downsize and automate certain tasks. The World Economic Forum asked hundreds of large companies about their goals.