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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 ...
AI and automation are reshaping India’s IT industry, triggering over 1.25 lakh job losses and pushing demand for advanced AI ...
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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 ...
Nasscom warns of more layoffs as IT firms transition to AI-driven, product-centric models, following TCS’s job cuts. While ...
As India’s tech giants trim thousands of mid-tier jobs, CIOs must reassess delivery resilience, renegotiate contracts, and ...
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 ...
So far this year, there have been 837 tech companies conducting layoffs (with a total of 216,328 jobs lost), per layoffs.fyi. In April, Dropbox also said it was laying off 16% of its workforce ...
Xbox are using AI art to promote new jobs after the Microsoft layoffs, while King employees claim they're being replaced by ...
In its most-recent layoffs report, outplacement firm Challenger, Gray & Christmas said 3,900 people were laid off in May due to AI, marking its first time breaking out job cuts based on that factor.