KPMG U.S. CEO Says AI Is No Y2K as 53% Plan Cuts in Some Areas
Photo: TokenPost
KPMG U.S. Chair and CEO Tim Walsh said artificial intelligence will not repeat the Y2K scare as U.S. executives plan workforce reductions in some areas while also restructuring roles and hiring for AI skills. The 2026 survey covered 400 U.S. CEOs at large companies, all of which had annual revenue above $500 million. The broader survey included 1,400 CEOs across 12 markets and ran from Aug. 11 through Sept. 21. The results describe large-company respondents, not all U.S. employers.
Source: TokenPost
