Good morning, MBA readers,
A survey this week from the World Economic Forum shed new light on the threat artificial intelligence could pose to jobs. The organization’s latest Future of Jobs Report showed 41% of surveyed companies planned to reduce their workforce by the end of the decade because of AI. While more administrative jobs may be threatened, employers are looking to fill AI-related positions, the report said. In Kansas City, H&R Block was fined $7 million by federal regulators for deceptive marketing tactics. The tax services company also will have to retool its advertising and customer service practices. Plus, two more Missouri Macy’s locations are shuttering this year amid a string of national closures for the department store. Keep reading for all your Friday business news.
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