A third of business leaders in Singapore reducing headcount due to automation

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A third of business leaders in Singapore reducing headcount due to automation

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A third of business leaders in Singapore reducing headcount due to automation

A third of business leaders in Singapore reducing headcount due to automation

As a result of increased automation 31% of businesses in Singapore are reducing headcount and 22% are substantially changing employees’ roles.
One in three Singapore business leaders are not confident of revenue growth over the next 12 months (33%). Half of business leaders in Singapore surveyed by PwC (51%) say advanced automation and AI are top strategic priorities in the next two years.

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