Palo Alto Networks CEO to companies cutting jobs: ‘Mass layoffs aren’t the solution’

While tech giants resort to mass layoffs for AI talent, Palo Alto Networks CEO Nikesh Arora advocates for a specialized hiring approach. He believes most employees lack AI savviness, making retraining difficult. Instead of firing, Palo Alto Networks uses natural attrition and innovative hackathon hiring to gradually build an AI-ready workforce, aiming to transform 20-25% of its team within a year.