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Business, Economy

“Billionaire tech CEO says bosses shouldn’t ‘BS’ employees about the impact AI will have on jobs”

“Jim Kavanaugh, CEO of World Wide Technology, told CNBC that people are “too smart” to accept artificial intelligence won’t alter their work environment. Business leaders shouldn’t “BS” employees about the impact of AI on jobs, Kavanaugh said, adding that they… Continue Reading…

Business

“Fintech firm Klarna says 90% of its employees are using generative AI daily”

“… …” https://www.cnbc.com/2024/05/14/klarna-says-90percent-of-its-employees-are-using-generative-ai-daily.html AI is the future. Get ready for it.

Business

“Chipotle to pay ex-employees $240,000 after closing Maine location that tried to unionize'”

“…Employees at the Chipotle restaurant filed a petition to unionize under Chipotle United in late June, becoming the chain’s first outlet to do so. Prior to the filing, workers had already walked out in protest of working conditions and understaffing.… Continue Reading…

Business

“Dell to lay off 6,650 workers, or 5% of its workforce”

“Dell on Monday announced plans to lay off 5% of its workforce, or about 6,650 employees, according to an SEC filing.  The cuts at Dell come as demand for PCs and laptops has slowed globally. Global shipments of PCs were… Continue Reading…

Business

“Microsoft is laying off 10,000 employees”

“Microsoft said Wednesday that it’s letting go of 10,000 employees through March 31 as the software maker braces for slower revenue growth. The company is also taking a $1.2 billion charge in the fiscal second quarter, which will result in a… Continue Reading…

Business, Economy

“Amazon reportedly plans to lay off about 10,000 employees starting this week”

“Amazon is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New York Times. Separately, The Wall Street Journal also cited a source saying the company plans to lay off thousands of… Continue Reading…

Business, Economy

“50% of companies want workers back in office 5 days a week–why experts say this strategy could fail”

“About 50% of leaders say their company already requires or is planning to require employees to return to in-person work full-time in the next year, according to new research from Microsoft, which surveyed 31,102 workers around the world between January and… Continue Reading…

Business, Economy

“Samsung to Hire 40,000 in $205 Billion Three-Year Spree”

“Samsung Group has unveiled a 240 trillion won ($205 billion) expansion that will entail hiring 40,000 people over three years, a sprawling investment blueprint intended to build the South Korean conglomerate’s lead in next-generation technologies…” https://finance.yahoo.com/news/samsung-create-10-000-jobs-060421527.html I hate to say… Continue Reading…