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As companies use terms like reorganization, restructuring, and optimization in job cuts, AI may be at work more than they ...
Labor market intelligence firm Lightcast also found that so-called "human" skills such as communication and complex ...
A new report by labour market firm Lightcast reveals that while AI is causing mass layoffs in the US tech industry—affecting ...
Microsoft is set to report Q4 FY25 earnings, with Wall Street expecting strong results driven by AI demand and cloud growth — ...
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Legacy roles are fading, AI is rising, and hiring is stalling—India’s IT services industry is entering a turbulent new phase.
AI and automation are reshaping India’s IT industry, triggering over 1.25 lakh job losses and pushing demand for advanced AI ...
Microsoft has eliminated approximately 15,000 roles since May. The company’s CEO said layoffs are the “enigma of success.” ...
AI plays role as tech layoffs surpass 100,000 in 2024 Jul. 14, 2024 8:00 AM ET Intuit Inc. (INTU) Stock, OTEX Stock, PATH Stock, OTEX:CA Stock AAPL, MSFT, META BDNCE By: Brandon Evans, SA News ...
Some attribute these layoffs to efficiencies built during the pandemic or leveling off from strong growth in 2021. Others, like Google, claim it’s due to the adoption of AI and large language ...
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Bounding Into Comics on MSNXbox Promotes New Roles With “Gutter-Slop” AI Art After Layoffs, King Employees Reportedly Replaced By AI They Helped CreateXbox are using AI art to promote new jobs after the Microsoft layoffs, while King employees claim they're being replaced by ...
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