Amazon faces strike actions at facilities across US days before Christmas as union members authorise action over contract negotiations
TECHNOLOGY POWERING BUSINESS
News jobs
AI Start-Up Basis Raises $34m For Accountancy Agent
Start-up Basis raises $34m in Series A funding round for AI-powered accountancy agent to make up for shortfall in human CPAs
Samsung Warns Striking Workers In India Of No Pay, Possible Termination
Industrial dispute of Samsung workers in India escalates, as tech giant warns of no pay and potential terminations
Cisco ‘Planning Second Round’ Of Major Job Cuts
Cisco plans second round of thousands of job cuts after laying off more than 4,000 staff in February amidst sluggish growth, report says
Elon Musk To Relocate SpaceX, X HQ To Texas
Leaving California. Elon Musk protests new gender-identity law, says he will move headquarters of SpaceX and X from California
Microsoft Xbox Marketing Chief Leaves For Roblox
Microsoft loses Xbox marketing chief amidst executive changes in company's gaming division, broader layoffs and spending weakness
Generative AI Not Replacing UK Jobs, Study Finds
Study finds UK organisations broadly deploying generative AI to support existing jobs, but execs say employment not affected
Google Shifts Rules For Contract Firms Amidst Labour Battle
Google removes benefits requirements for contract firms as US labour board seeks to force union negotiations
Electronic Arts Cuts 5 Percent Of Staff Amidst Jobs Bloodbath
Electronic Arts latest videogame company to engage in mass layoffs as industry continues to reel from pandemic overhiring
Twitter Ghana Staff Finally Paid, More Than A Year After Layoffs
X, formerly Twitter, reaches settlement with Ghana-based staff more than a year after they were sacked in November 2022
Cisco Confirms It Will Cut More Than 4,000 Jobs
Bad news confirmed for employees at Cisco, after business confirms that more than 4,000 jobs are to be axed
Apple Engineering Veteran Departs For EV Maker Rivian
Apple engineering veteran DJ Novotney leaves Apple for Rivian amidst string of senior executive departures
Riot Games Cuts 11 Percent Of Staff In Latest Industry Job Losses
Tencent's Riot Games to cut 11 percent of staff as gaming industry continues 'course correction' after mass pandemic hiring
IMF: AI Could Impact 40 Percent Of Jobs Worldwide
Ahead of World Economic Forum in Davos IMF predicts 40 percent of jobs worldwide affected by AI, rising to 60 percent in advanced countries
US Awards $35m To BAE Systems In First Chips Act Grant
BAE Systems US subsidiary to receive $35m in first Chips and Science Act award as Raimondo predicts multi-billion-dollar projects next year
Gartner Cites Generative AI Impact On Business Going Forward
Focus on worker augmentation to improve productivity and quality of work, rather than role automation from AI, Gartner warns
Amazon Trials Humanoid Robot, Prompting Job Fears
Experiment to automate a couple of Amazon warehouse in the US via the use of robots, has prompted job loss concerns
LinkedIn To Cut More Jobs, In Second Round Of Layoffs
Another 668 people across LinkedIn's engineering, product, talent and finance teams are to be made redundant, in second tranche of job losses
Tim Cook Says Apple Hiring AI Staff In UK
On visit to UK Apple chief executive Tim Cook says Apple hiring AI staff as firm touts new Battersea headquarters and Cambridge research base
Foxconn To Double Jobs, Investment In India In Next 12 Months
Bad news for Beijing? Executive confirms Foxconn is to double its workforce and investment in India by next year
UN Study Finds Women Face Disproportionate AI Job Risk
Study from UN's International Labour Organisation finds women in clerical jobs face disproportionate AI job automation risk
AI Growth Prompts Job Takeover Fears, Corndel Finds
Younger employees in particular fear their jobs are at risk due to the rise of artificial intelligence (AI), Corndel finds
Pokemon Go Developer Niantic Lays Off Quarter Of Workforce
Niantic, developer of popular AR game Pokemon Go, lays off quarter of workforce, cancels two games amidst post-pandemic revenue slowdown
Linda Yaccarino Clocks In As Twitter Boss
Former NBCUniversal executive Linda Yaccarino spends first day as Twitter chief executive after being named by Elon Musk last month
Samsung ‘Pushes For Tax Payouts’ In Vietnam
Samsung, other multinationals push for reimbursements as higher OECD-mandated tax regime set to take effect on 1 January
Meta Lays Off Technical Staffers, In Another Workforce Blow
Second tranche of layoffs begin at Meta Platforms, as engineers and other technical staff are made redundant
Virgin Orbit Lays Off 85 Percent Of Staff
Nearly 700 jobs to go at Sir Richard Branson’s rocket company Virgin Orbit Holdings, amid reports it will cease operations
Just Eat Cuts 1,700 Jobs As Delivery Growth Slows
Just Eat cuts 1,700 delivery jobs a month after similar move by Deliveroo, as pandemic-era takeaway delivery growth stalls
Meta To Layoff Another 10,000 Staff
Mark Zuckerberg's 'year of efficiency' continues after he makes “difficult decision” to axe 10,000 jobs, on top of November's 11,000 layoffs
New Meta Layoffs ‘Could Match Those of Last Year’
Upcoming layoffs at Meta could reportedly cut same proportion of staff as those announced last November, as company reins in spending