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Instead of laying off current employees, companies can save money and stay competitive by retraining them for new jobs.

Firing workers costs big companies like General Motors billions — here’s why retraining them could be a better bargain

Retraining employees could save companies billions in restructuring costs, but many firms and the US government do not invest in re-skilling programs.

These are the industries most likely to be taken over by robots

Bridgewater Associates recently highlighted a 2016 study by McKinsey & Company that analyzed what industries are most susceptible to automation.
Despite their popularity, jobs in banking could disappear by the millions.

Robots could wipe out 1.3 million Wall Street jobs in the next 10 years

The financial services industry is a popular place for job seekers, but artificial intelligence could wipe away a million banking jobs.

Las Vegas casinos prepare to hemorrhage $10 million a day as their workers, fearing their jobs will be replaced by robots, get ready to go on strike

Hospitality and entertainment workers in Los Angeles are preparing to go on strike in wake of 50,000 union contracts that expire on Friday, June 1. The chief concern among these Las Vegas workers is that their jobs will be replaced by robots.
Salesforce CEO Marc Benioff

New technologies could kill one-third of US jobs so CEOs, not politicians, need to take responsibility, says billionaire Marc Benioff

New technologies will improve health, education, transportation for those who have access. The rest could be in trouble, warns Salesforce CEO Marc Benioff.
A scene from Amazon's 2016 Robotics Conference at the Parker Palm Springs resort in California.

Amazon’s new headquarters promises 50,000 jobs — but they may not last forever

Cities across North America are vying for Amazon's second headquarters. But will the promised jobs still exist when the world starts to automate its workforce?
Deutsche Bank CEO John Cryan pictured in 2009.

Deutsche Bank CEO Cryan hints robots could replace thousands of people at the bank

"We employ 97,000 people," Cryan said in an interview with the Financial Times. "Most big peers have more like half that number."

Hillary Clinton could have been president if not for robots, a new study says

If three swing states had slightly fewer robots leading up to the 2016 presidential election, Hillary Clinton would have beaten Donald Trump, a new study finds.

Starbucks has been fending off the robot takeover for years — and any company can take a lesson from its methods

Starbucks knew early on that investing in employees would pay off — even as automation threatens jobs, says Scott Galloway, author of "The Four."