Salesforce and Oracle Announce Layoffs

13 Mwezi wa tisa, 2025 Imeripotiwa na AI

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.

Stora Enso lays off 140 employees in Skoghall and Grums

Forestry giant Stora Enso is laying off 140 employees at its factories in Skoghall and Grums in Värmland. The reason is the closure of a carton production line due to a weak market situation. The notice is being submitted to the Employment Service today.

Sweden Labour Market Continues to Struggle

13 Mwezi wa tisa, 2025 Imeripotiwa na AI

Recent reports indicate ongoing difficulties in Sweden's labour market, with persistent high unemployment and slow job growth. Analysts attribute this to economic factors and structural issues. Government officials are monitoring the situation closely.

AI growth poses jobs challenge for federal reserve

David Zervos, chief market strategist at Jefferies, warns that rapid advancements in artificial intelligence could create significant employment disruptions. This development may complicate the Federal Reserve's efforts to maintain maximum employment. The insights come amid accelerating AI adoption across industries.