Tag: Jobs
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Singapore retrenchments climb in Q1, with sharpest rise in incidence among degree holders, older workers: MOM
The notable shift in retrenchment incidence among higher-educated workers reflects the ongoing restructuring in the professional and knowledge-intensive sectors, says the ministry.
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AI will help young workers ‘mature’ faster by automating grunt work, Thoma Bravo says, amid youth job crisis
“If you look at our associates, they’re spending a lot less time doing models or comparables than before,” Orlando Bravo, founder of Thoma Bravo, told CNBC.
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Shopee slashes jobs in Singapore amid AI push; software engineers among those affected
Employees at Shopee’s Singapore headquarters told CNA they were laid off on Monday.
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India’s growth story faces its toughest test yet in Modi’s third term
Prime Minister Narendra Modi faces his biggest test as India’s appeal as the world’s fastest-growing economy dims for global investors.
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Meta funds skilled trades jobs program for AI data center buildout
NEW YORK, June 8 : Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social media giant races to build the infrastructure to power its AI ambitions.The cost-free program, America’s Workforce Academy, will end in guaranteed job offers to graduates, the co
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Airlines find the grass isn’t always greener with new engines
Airline CEOs complained that engine makers aren’t making enough of their engines or that they’re reliable enough.
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Remote work career risks for Gen Z are ‘subtle, but material,’ Harvard professor says: How to avoid the pitfalls
Forgoing the office can have detrimental “scarring” impacts on young workers. Here’s how to navigate the benefits and drawbacks of remote work.
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‘AI is now the leading reason companies give for cutting jobs,’ says new report—what that means for workers
Many companies are “changing how they are allocating resources” in response to AI, according to Glassdoor chief economist Daniel Zhao.
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Hospitality jobs boom as US prepares for World Cup
It is the third month in a row US jobs figures have beaten expectations.
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Amazon unveils latest warehouse robot as tech giants continue AI layoffs
“Our experience of robots is that it’s actually driven up employment rather than the reverse,” Amazon executive John Boumphrey told CNBC.
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