THE recent announcement by HP Inc. to cut thousands of jobs globally as part of a pivot towards artificial intelligence is a stark warning on the structural realignment of the world’s workforce happening in real-time. It follows similar moves by tech giants like Amazon and Microsoft.
Is Malaysia’s workforce prepared to pivot or will we be left behind? TalentCorp’s 2024 Impact Study shows that about 620,000 jobs or 18% of the total workforce in core sectors are expected to be highly impacted by AI, digitalisation and the green economy within the next three to five years. When we include medium-impact roles, that figure swells to 1.8 million employees. That is 53% of our workforce facing significant disruption.
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