33,000 ad agency jobs could be replaced by automation by 2030

7.5% 

According to the report from Forrester Research 33,000 ad agency jobs could be replaced by automation by 2030, which is 7.5% total agency workforce from the total 11,000 jobs will be replaced by artificial intelligence. There is a great thread by AI for Administrative roles, representing 28% of job losses, sales roles account for 22% and market research and related fields at 18% of losses.   

1,000 

Singapore-based Grab Holdings company has announced to lay off 1,000 jobs to manage costs and reorganize the company in a competitive landscape. This is the largest layoffs since 2020 has it layoff 360 jobs during the pandemic. 

34.3 

As per the Labor Department, the total number of hours worked per week by private-sector employees reduced to 34.3 in May, which is low when it is compared to a peak of 35 hours in January 2021. Payrolls increased by 339,000 and layoffs were nearly 13% lower in April. 

15% 

Grubhub CEO Howard Migdal announced that Grubhub is laying off 15% of its workforce, or about 400 positions.  As the operating and staff costs have risen at a higher rate this leads to layoffs. 

38% 

The latest survey of SurveyMonkey Workforce revealed that workers who adapted artificial intelligence in their work have received a salary hike. 38% say using AI is important for them at work, 24% say they don’t use AI at all at their job and 44% say that people who use AI for their jobs have great opportunities to advance in their careers.