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The Economic Times

Top News / The Economic Times

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80% of Employees laid off for failing to embrace AI quickly enough

In early 2023, IgniteTech CEO Eric Vaughan recognized AI as an existential shift and encountered a workforce unprepared for quick adoption. Over 2023-2024, he replaced almost 80% of staff, bringing initiatives such as AI Mondays to focus all staff exclusively on AI projects. Resistance was more among technical staff, yet the bold strategy paid off.

13 Jan 2026 1:05 am