World Economic Forum launches ‘Reskilling Revolution’ with staffing firms, other businesses

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The World Economic Forum today announced the “Reskilling Revolution” initiative, which is aimed at reskilling a billion people around the globe by 2030. Companies taking part include The Adecco Group, ManpowerGroup, Infosys, LinkedIn, Coursera Inc. and Salesforce.

It comes as 75 million jobs are expected to be displaced by automation and technological integration in the coming years.

Reskilling Revolution is intended to serve as a platform for connecting and coordinating individual initiatives within specific countries, industries, organizations and schools, according to the World Economic Forum.

Examples of initiatives at the country level include the Pledge to America’s Workers in the US, where private-sector companies have pledged more than 14.5 million career-enhancing opportunities for American workers over the next five years.

Pledges from business include:

  • The Adecco Group aims to support 5 million workers through upskilling and reskilling globally by 2030, including through use of its General Assembly training business.
  • Through MyPath, ManpowerGroup aims to enable hundreds of thousands of people to access high-growth roles by providing training as well as enabling recruiters to give workers needed guidance to obtain future roles.
  • Infosys is expanding computer science and maker education to K-12 students and teachers across the US, especially among under-represented communities, and will become a founding member of skills consortium of online training and learning providers hosted by Reskilling Revolution.
  • Coursera Inc. will be a data partner and a founding member of the Skills Consortium.
  • LinkedIn will be a data partner for the Reskilling Revolution initiative.
  • Salesforce has committed to help train 1 million people with skills and reach 10 million active users on Trailhead, Salesforce’s free online learning platform, within the next five years.

The World Economic Forum Annual Meeting 2020 is taking place this week in Davos-Klosters, Switzerland.