Generative AI may reduce employee headcount by at least 5% in 2024, some CEOs say

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Some CEOs expect at least a five percent reduction in employees in 2024 thanks to AI, PwC found. 

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There will be record CEO turnover this year, says top PwC boss

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Expect to see a record rate of CEO turnover in 2024, said PwC's senior partner, Tim Ryan, told BI.

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Whether your company considers using AI to replace workers could be a coin flip, CEO survey finds

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Half of global executives think AI might be used to replace jobs at their businesses, according to a Conference Board survey.

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Adidas' CEO says he gave his cell number to 60,000 employees and was slammed with 200 messages a week, report says

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Bjørn Gulden came out swinging in his first analyst call and press conference as CEO of Adidas.
Bjørn Gulden took over as CEO of Adidas last year.

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Sam Altman said his firing and reinstatement was 'extremely painful,' but 'great for OpenAI'

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OpenAI's Sam Altman
Sam Altman said the OpenAI drama had a "positive effect" on the company in an interview with Time.

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Ex-assistant accused of killing and beheading tech CEO Fahim Saleh will try psych defense on a Manhattan jury

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Tyrese Haspil, accused of the 2020 Manhattan murder-dismemberment of tech CEO Fahim Saleh.
Tyrese Haspil, accused of the 2020 Manhattan killing-dismemberment of the tech CEO Fahim Saleh, in court Thursday with his attorney, Sam Roberts, right.

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Top CEOs will make more in the first 4 days of 2024 than the average worker makes in a year, analysis shows

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The median pay of bosses at the top companies in the UK is 109 times more than the median worker pay.

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Costco's Ron Vachris went from driving the retailer's forklifts to earning $11.5 million this year as its new CEO

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Costco's new CEO Ron Vachris
Costco's new CEO Ron Vachris is just the third person to hold the top job.

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Energy drink CEO says he sleeps with the blinds open to wake up with the sun.

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Dan Lourenco, Ghost's CEO and founder, built the company based on a love of fitness and supplements. You might have seen Ghost's candy-flavored, nostalgia-inspired energy drinks at your local supermarket.

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Panera founder says one of his biggest regrets is not firing people faster — and he's even received thank-you's afterward

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Ron Shaich

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