London, May 1 : Huge disruptions will rock the global job market over the next five years as the economy weakens and companies boost adoption of technologies such as artificial intelligence (AI), a new report has revealed.

That finding comes from the World Economic Forum, which published a report based on surveys of more than 800 companies, reports CNN.

WEF -- which hosts a gathering of global leaders in Davos, Switzerland, every year -- found that employers expect to create 69 million new jobs by 2027 and eliminate 83 million positions.

That will result in a net loss of 14 million jobs, equivalent to 2 per cent of current employment, CNN reported.