10 stories tagged #job cuts

  1. Nvidia CEO Jensen Huang Slams 'Lazy' AI-Job Cuts Narrative
    tech

    Nvidia CEO Jensen Huang Slams 'Lazy' AI-Job Cuts Narrative

    Nvidia CEO Jensen Huang criticizes CEOs linking AI to layoffs as 'lazy,' urges workers to learn AI instead.

    last wk. 1 min read
  2. Standard Chartered Under Fire Over CEO's 'Lower-Value Human Capital' Remark
    finance

    Standard Chartered Under Fire Over CEO's 'Lower-Value Human Capital' Remark

    CEO Bill Winters' plan to cut 7,000 jobs via AI sparks regulatory probe in Hong Kong and Singapore.

    last wk. 1 min read
  3. JPMorgan Chase Prioritizes AI Hiring, Warns of Job Cuts in Operations
    finance

    JPMorgan Chase Prioritizes AI Hiring, Warns of Job Cuts in Operations

    JPMorgan plans to hire more AI specialists and cut about 10% of operations roles, signaling a major workforce transformation.

    last wk. 1 min read
  4. StanChart CEO Clarifies 'Lower Value Human Capital' Comment
    finance

    StanChart CEO Clarifies 'Lower Value Human Capital' Comment

    Bill Winters reassures staff after saying the bank will cut thousands of jobs and replace them with AI over four years.

    2w ago 1 min read
  5. Standard Chartered to Cut 7,000 Jobs, Shift to AI and Automation
    world

    Standard Chartered to Cut 7,000 Jobs, Shift to AI and Automation

    Standard Chartered plans to replace over 7,000 roles with AI and automation over four years, targeting cost efficiency and higher profitability.

    2w ago 1 min read
  6. Cloudflare Tumbles 20% on AI Restructuring Plan Despite Earnings Beat
    tech

    Cloudflare Tumbles 20% on AI Restructuring Plan Despite Earnings Beat

    Cloudflare shares plummeted over 20% as plans to cut 1,100 jobs for an AI-first model overshadowed better-than-expected Q1 earnings, revealing market unease.

    3w ago 1 min read
  7. NHS Faces Major Job Cuts: 21,000 Roles at Risk Amid Funding Crisis
    health

    NHS Faces Major Job Cuts: 21,000 Roles at Risk Amid Funding Crisis

    A new Unison study reveals over 21,000 NHS roles in England are slated for elimination by 2028 due to a severe funding crisis and mounting deficits.

    last mo. 1 min read
  8. Tech Giants Blame AI for Job Cuts
    tech

    Tech Giants Blame AI for Job Cuts

    Major tech firms like Google, Amazon, Meta, and Block are cutting jobs citing AI advancements.

    2mo ago 1 min read