Automation and Workforce Reduction

Automation refers to the use of technology to perform tasks that were once done by humans, often enhancing efficiency and productivity in various industries. While it can lead to cost savings and improved consistency, it may also result in workforce reduction, meaning fewer jobs are available as machines or software take over certain functions. This shift can create challenges for workers needing to adapt to new roles or industries, prompting discussions about the need for retraining and policies to support those affected by these changes in the job market.