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No. We need less people. In general, there is no shortage of workers, there is just inefficiency, bad working conditions and bad pay.
The fairytale of "worker shortage" was made up by employers that want to get away with paying nothing for work and treating their workers like shit.
If you want to shrink a population, you have to do it slowly while adapting the system to it. In a few years, with the boomer generation slowly retiring, Europe would be fucked without immigration. Too many retired people with not enough young people to care for them and uphold the economy at the same time. You can't fix the resulting hole in manpower by only increasing efficiency. In Germany we are talking about a lack of 400k people per year.
400k a year... Thats a lot of inefficiency!
One would even say that it is too much for just efficiency improvements.
Nah. We waste human resources on things that could be done automatically, look at our entire Government, all the wasted resources because some old ass bastards in politics aren't able to commit to the new world.
I would start with the advertisment sector, but it still won't be enough.
Someone bring me a red marker! I'll make some cuts.
It's not that we have too many people, it's that we have an inefficient system based on exploiting those people and not providing for them.
We could probably sustain several times the current population... just not with the current methods we use.
We could also just optimize efficiency and not make more people.
Less people means more wealth, as wealth is a limited resource on earth we need to share it, if we reduce the shares we all have more. There is absolutely no need for more when less gets the job done as well.