-
Epic Games lays off 1,000 employees
Epic Games, the developer of “Fortnite,” is laying off over 1,000 employees and cutting costs by $500m. Chief Executive Tim Sweeney announced the layoffs, attributing them to a decline in “Fortnite” engagement last year. “Despite Fortnite remaining one of the most successful games in the world, we’ve had challenges delivering consistent Fortnite magic with every…
-
ABC staff to walk off the job
Thousands of ABC staff are set to strike on Wednesday after pay negotiations failed. Deena Amorelli, ABC’s chief people officer, informed staff that only 40% supported the new pay agreement in a vote. The walkout is scheduled for 11am, which will disrupt live broadcasts and delay TV show recordings. The Media, Entertainment and Arts Alliance…
-
World Bank targets AI-resilient sectors to boost jobs
The World Bank has identified tourism, healthcare, advanced manufacturing, agriculture and renewable energy as the most AI-resilient sources of employment, as the lender adjusts its approach to account for the potential impact of the technology on workers as it seeks to boost job creation amid a deepening global jobs crisis. The Washington-headquartered bank said it…
-
HSBC weighs deep job cuts amid AI overhaul
HSBC is considering deep job cuts that could ultimately affect around 20,000 ?roles, or about 10% of its total workforce, Bloomberg reports, citing people familiar with the matter. Non-client facing roles in global service ?centers are among those expected to be the most impacted as ?the bank bets on AI, although the assessment is at…
-
Microsoft adds Anthropic’s AI technology to its Copilot service
Microsoft is bringing Anthropic’s Claude Cowork to its Microsoft 365 Copilot AI platform. The Copilot Cowork service, which the tech giant said it developed in close collaboration with Anthropic, can handle long-running, multistep tasks such as preparing for a customer meeting by assembling a presentation, pulling together financials, emailing the team, and scheduling prep time….
-
Trump’s chief of staff has breast cancer but will keep working through treatment
White House chief of staff Susie Wiles has been diagnosed with early stage breast cancer but will continue her duties during treatment. President Donald Trump shared the news on social media, saying that Wiles’ prognosis is “excellent” and calling her “one of the strongest people I know.” In a statement to the New York Times,…
