Hybrid-work trend may wipe out $800 billion from office property values by 2030 - McKinsey study
A shift to remote working is likely to wipe off $800 billion from the value of office buildings
2023-07-13 18:47
This CEO replaced 90% of support staff with an AI chatbot
The chief executive of an Indian startup laid off 90% of his support staff after the firm built a chatbot powered by artificial intelligence that he says can handle customer queries much faster than his employees.
2023-07-12 20:59
JPMorgan plans 63 job cuts in Jersey City
JPMorgan Chase is planning to lay off 63 of its employees in Jersey City, according to a Worker
2023-07-12 02:45
Sweltering Americans have fewer protections against power shutoffs this summer
With another searing heat wave blanketing parts of the United States this week, many Americans are sweating being able to afford their air conditioning. And often there's not a lot of public assistance available.
2023-07-11 21:18
Tesla starts to lay off some workers at China factory - Bloomberg News
Electric car maker Tesla Inc is laying off some battery production workers at its Shanghai plant, Bloomberg News
2023-07-07 12:46
US layoffs fall to seven-month low in June, report says
By Safiyah Riddle American employers slowed downsizing in June, announcing the lowest number of layoffs since October 2022.
2023-07-06 19:54
AI is already linked to layoffs in a surprising industry
Many have raised alarms about the potential for artificial intelligence to displace jobs in the years ahead, but it's already causing upheaval in one surprising industry where workers once seemed invincible: tech.
2023-07-04 20:56
Nigeria offers students loans - they want jobs
Two massive reforms are aimed at improving Nigeria's dilapidated universities - but will they work?
2023-07-03 08:21
Work from yurt? Co-working spaces are getting weird
At the start of the Covid-19 pandemic, nobody wanted to work full time in the office. Three years later, many of those same people have soured on working full time at home.
2023-07-01 18:15
George Soros' foundation lays off 40% of workforce after passing control over to his son
George Soros' Open Society Foundations will lay off at least 40% of its staff less than one month after 92-year-old Soros handed the reigns of the multi-billion dollar foundation to his son, Alexander Soros.
2023-07-01 06:16
ESPN lays off top on-air talent
ESPN is laying off around 20 high-profile sports commentators as part of a cost-cutting initiative, a source with knowledge of the layoffs told CNN.
2023-07-01 03:28
Supreme Court revives case brought by postal worker seeking religious accommodations
The Supreme Court revived the case of a former mail carrier, an evangelical Christian, who said the United States Postal Service violated federal law by failing to reasonably accommodate his inability to work on Sundays.
2023-06-30 01:26