Employment
Salesforce and Oracle Announce Layoffs
Salesforce and Oracle have laid off thousands of employees amid a push towards AI-driven automation. The layoffs reflect broader industry trends in cost-cutting and technological shifts. Both companies are investing heavily in AI to streamline operations.
Sura investments promotes investing bonuses to strengthen savings
During a virtual forum, Sura Investments experts recommended directing bonuses and aguinaldos to investments to boost savings and wealth. Companies are accelerating savings incentives to retain young talent in a competitive market. The balance between spending and saving was emphasized during the holiday season.
Sam Altman says some AI-replaced jobs weren't real work
OpenAI CEO Sam Altman has reassured those concerned about AI displacing jobs, stating that many roles set to disappear may not have been 'real work' in the first place. He suggests society will adapt by finding new pursuits. The comments appear in a recent TechRadar article.
Woman in Luleå fired for stealing toilet paper at work
A woman in Luleå has lost her job after stealing toilet paper, paper towel rolls, and gloves from her workplace's cleaning storage. The theft was valued at a couple of hundred kronor. The case highlights the boundaries of what constitutes theft at work.
Tech industry faces 46% drop in graduate jobs due to AI
The tech sector is experiencing a significant slowdown as artificial intelligence reshapes the job market. Graduate tech jobs have declined by 46% compared to the previous year. This trend highlights AI's growing influence on entry-level positions.