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Adecco CEO: AI Reshapes Roles, Won’t Spark Job Collapse

7/23/2026

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Story summary
  • Adecco CEO Denis Machuel told Reuters AI will not cause a collapse.
  • He said some firms cite AI to mask cuts driven by performance or restructuring.
  • Machuel said AI reshapes roles and tasks, not jobs, urging upskilling and government cooperation.
  • Adecco cited OECD data showing high employment and low unemployment in its 38 member countries.
  • Challenger, Gray & Christmas said AI caused a quarter of U.S. job cuts this year.