Friday, 3rd May 2024
To guardian.ng
Search

How layoffs and A.I. are impacting tech workers

By Reuters
06 August 2023   |   4:25 am
Tech companies shed more than 386,000 jobs last year and in the first half of this year, according to Layoffs.fyi. That number is climbing. But while layoffs have taxed workers, a booming artificial intelligence market is giving the industry a renewed sense of optimism.

In this article

0 Comments

Your email address will not be published. Required fields are marked *

Related

1 day ago
To mark International Workers' Day, anti-poverty NGO Oxfam has released analysis showing that between 2020 and 2023, shareholders saw their dividend payments increase by 45 percent while workers saw their wages increase by just 3 percent.
1 day ago
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
1 day ago
The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight.
10 hours ago
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
1 day ago
The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic.
1 day ago
China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector.