AI threatens one in four jobs – but transformation, not replacement, is the real risk

AI threatens one in four jobs – but transformation, not replacement, is the real risk

One in four jobs worldwide is potentially exposed to what’s known as generative artificial intelligence – or Generative AI – according to a new joint study from the UN labour agency (ILO) and Poland’s National Research Institute. The study finds that transforming job descriptions, not widespread job loss, is the more likely result. Generative AI (GenAI) […]

2023’s first 15 days see 24K techies fired from jobs: Layoffs.FYI

2023’s first 15 days see 24K techies fired from jobs: Layoffs.FYI

The year 2023 began on a bad note for tech workers globally and 91 companies have laid off more than 24,000 tech employees in the first 15 days this month, signaling worse days ahead, said job cuts tracker Layoffs. About 24,151 tech workers lost their jobs, dominated by companies like Amazon, Salesforce, Coinbase and others, […]

Crypto.com again fires hundreds of employees in 2nd round

Crypto.com again fires hundreds of employees in 2nd round

Crypto lending exchange Crypto.com has laid off more employees in the second round and this time, the firing of employees is worse than the previous job cut, as the global crypto meltdown gets deeper. According to a Decrypt report, the latest round of job cuts has not been announced publicly. During the call, “leadership expressed […]

World Water Day 2016: Will Jobs Ever be Created?

As World Water Day is observed on March 22 since 1993 with the theme designated by the UN — "Better water, better jobs", several organisations such as UN-WATER and UN-HABITAT are organising the day officially on behest of the UN. While the UN says that a billion people around the world still do not have […]