Netflix will lay off approximately 1,000 employees, representing about 6% of its workforce, according to an internal memo obtained by CNBC, as the streaming company seeks to focus its resources on areas
Thousands of baristas at nearly 100 Starbucks locations are on strike this holiday season, picketing outside the iconic cafes for a contract. While the corporate coffee chain has claimed little to no disruption to its bottom
MoreAbout half of all American jobs could be replaced by artificial intelligence and robotics, according to a new analysis from the McKinsey Global Institute, which found that currently available technologies are capable
MoreTen of India’s largest trade unions condemned the government’s rollout of new labour codes on Friday, calling the overhaul “a deceptive fraud” against workers. The unions, aligned with parties opposing Prime Minister
MoreThe International Labour Organization (ILO) is weighing a move of its Middle East regional headquarters from Beirut to Doha, raising alarm among staff over potential compromises to the UN agency’s independence and
MoreMeta is making AI adoption a core expectation for all employees. Janelle Gale, Meta’s head of people, outlined the changes in an internal memo seen by Business Insider. Starting next year, employee
MoreEmployers across the UK are increasingly concerned that artificial intelligence will reshape the workforce, with new research revealing that one in six expect staff numbers to fall in the next year due
MoreIn a column for Times UK, former Prime Minister Rishi Sunak has urged Britain to embrace artificial intelligence as a force for job creation, rather than fearing it will make humans redundant.
MoreJPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the bank’s headcount is likely to remain steady or even increase as artificial intelligence becomes more deeply integrated into its operations, countering
MoreAmazon is set to reduce as many as 30,000 corporate positions beginning Tuesday, reflecting the company’s ongoing efforts to trim expenses and correct overhiring during the pandemic peak. The cuts would affect
MoreMore than 200,000 people filled Piazza San Giovanni on Saturday in a powerful show of solidarity led by Italy’s largest trade union, the CGIL, calling for a nation built on fair work,
MoreStriking workers at Boeing Defense in the St. Louis area have rejected the company’s latest contract proposal, extending a strike that has already lasted 13 weeks and delayed deliveries of F-15EX fighter
MoreDamascus — Syrian President Ahmed al-Sharaa’s government is presenting ambitious economic plans aimed at rebuilding the war-torn nation, but foreign investors remain cautious, according to a report by the Financial Times. A
MoreMajor U.S. and European oil producers are undertaking significant workforce cuts in 2025 as declining oil prices and post-merger restructuring prompt cost-saving measures, according to industry sources and reports by Reuters. ConocoPhillips
MoreArtificial intelligence is no longer just transforming the workplace—it is replacing it. A new report highlighted by The Times UK has warned that AI and automation are poised to take over a
MoreAustralian unemployment rose more than anticipated in September, while job growth lagged expectations, signaling a loosening labor market and heightening expectations that the Reserve Bank of Australia may cut interest rates as
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