AI excelling, no more engineer hires in 2025: Salesforce CEO Marc Benioff
Salesforce's agentic AI is now so commonplace that CEO Marc Benioff disputes numerous studies claiming AI won't replace human labour...
Tag : layoffs
IBM under fire as return-to-office order suspected of replacing human staff with AI
The Finance & Operations division is believed to be a costly unit for the company, but by employing AI, hiring fresh graduates, and outsourcing, IBM hopes to cut costs...
US unemployment claims decrease, easing labour market concerns
In May, the unemployment rate increased to 4.0% for the first time since January 2022...
Exploring male full-time employment realities
Some studies suggest that stable employment might become a thing of the past for upcoming generations...
IF Insights: Elon Musk finds new obsession in robotaxi as Tesla fights headwinds
Tesla initially backed gigacasting to reduce its long-term manufacturing costs...
‘Project Bora Bora’ starts as Citigroup undertakes its largest overhaul
Reports suggest that the job cuts will affect thousands of the Citigroup staff...
Numerous techies set to quit this year: All you need to know
The study comes at a time when Amazon’s CEO has been asking his staff to come to the office at least three days a week...
Will Metaverse be profitable?
Meta is competing with Microsoft and other companies to be the first Metaverse platform in the world...
Can layoffs harm shareholder returns?
In many notable bellwether companies, particularly in the technology, retail and financial services industries, this is taking the form of layoffs...
IF Insights: By firing its ethical AI team, Microsoft enters into the zone of vulnerability
Microsoft has also reportedly removed the waitlist for its AI-powered 'Bing Chat', as the chatbot will now come with GPT-4 features...