AI is already killing the executive assistant job
There is a growing body of evidence that AI is redefining white-collar work. It’s not just the endless rounds of layoffs at tech companies that herald this transformation. Entry-level jobs are disappearing in sectors like software engineering, leaving new college graduates scrambling to figure out their next move. Recent entrants to the workforce are faced with a uniquely challenging job market, one they say they are unprepared to navigate. Plenty of others are also vulnerable as AI rapidly changes the nature of white-collar work. Secretaries and assistants are high on the list of jobs that are prone to being disrupted by AI—and a Bloomberg report this week indicates the shift is already underway. Executive assistants at professional services firms are being cast aside, according to Bloomberg: In February, PwC reportedly laid off 600 employees in the U.S.—including assistants and recruiters, among other back-office roles—and its peers have taken similar measures. Deloitte, KPMG, and EY have eliminated non-client-facing support staff over the past year, as have consulting firms like McKinsey. EY and McKinsey have also relocated executive assistants, either to states with a lower cost of living or out of the U.S. altogether. Bloomberg found that this trend is impacting jobs at banks and law firms as well. It’s not entirely unprecedented for professional services firms to cut back on such roles when budgets are tight, and some former staffers told Bloomberg they suspect part of the impetus for the layoffs is to ensure partner compensation remains intact. But these firms are also seeing less demand overall and—like other employers—are under pressure to embrace AI and reduce costs. According to Bloomberg, the cuts at PwC were fueled in part by greater automation and AI adoption at the firm. Traditionally, executive assistant positions can provide relatively stable employment—and the pay is nothing to scoff at, crossing $100,000 in the finance industry. In the era of AI,