InMobi is likely to let go of 125 employees as the adtech company deploys artificial intelligence (AI) across its operations. The move reportedly impacts around 5% of its global workforce of 2,500.
InMobi Group is undergoing a comprehensive overhaul in various business areas, including technology, organisational structure, personnel, and skills, through the implementation of AI, as per a source quoted by The Economic Times.
The layoffs imitate recent changes at Paytm’s parent One97 Communication, which led to a cut of over 1,000 jobs. Paytm said that it is incorporating AI-powered automation, which aims to eliminate repetitive tasks and roles.
YourStory’s queries to InMobi about the layoffs didn’t elicit a response at the time of publishing the article.
Last July, enterprise ecommerce startup Dukaan replaced 90% of its support staff with an AI chatbot. The layoffs came days after Rajeev Chandrasekhar, the Union Minister of State for Electronics, Information and Technology, dismissed concerns about AI taking away jobs in India.
Earlier in November, Tesla Motors CEO Elon Musk warned that AI could lead to widespread unemployment, describing it as the “most disruptive force in history.” Musk envisions a future where AI surpasses human intelligence to the extent that jobs become unnecessary, except for personal satisfaction.
Edited by Affirunisa Kankudti
