Companies that discussed artificial intelligence’s impact on jobs in the fourth quarter cut their job openings by 12% in 2025, compared with 8% for all companies, according to a Goldman Sachs research report Tuesday analyzing last quarter’s results and management commentary. The trend suggests “there could be a nascent reluctance to hire in anticipation of potential productivity gains,” analysts said. Goldman predicts AI will eventually displace 11 million jobs—about 6% of U.S. workers.