Keywords: WorkForce
The Israeli web development company Wix.com has announced a major workforce reduction, cutting around 20% of its staff, which represents more than 1,000 employees worldwide. The decision comes as the company faces economic pressure linked to a strong Israeli shekel, which has affected its financial......
French tyre manufacturer Michelin is considering a voluntary workforce reduction plan in France that could lead to the elimination of up to 1,500 jobs over the next three years, according to the company. The proposal is part of a broader effort to adapt the company’s operations to changing market......
Intuit, the American financial software company known for services related to taxes, accounting, and personal finance, is preparing a significant restructuring plan that includes reducing its global workforce by around 17%. According to reports based on an internal company memo, approximately 3,000 employees......
HSBC chief executive Georges Elhedery has told the bank’s 200,000 employees to embrace artificial intelligence or risk being left behind, framing generative AI as a force that will both eliminate and create jobs across the financial sector. He made the remarks during an investor day presentation......
The enterprise software company Workday has announced plans to continue expanding its workforce in India while increasing investments in artificial intelligence (AI), according to a senior company executive. India has become a key hub for global capability centres due to its large pool of skilled professionals,......
Meta will begin a new round of global layoffs on Wednesday as the company accelerates a broad restructuring focused on artificial intelligence and leaner management structures. Internal documents shared with employees show that dismissal notices will be delivered in three waves at 4 a.m. local time on......
Restaurant operators across Japan are expressing growing concern after immigration authorities suspended the issuance of certain work visas for foreign employees in the food service industry. The measure affects the Type I Specified Skilled Worker visa program, which has become an important source of......
The Bank of Canada stated that artificial intelligence has not yet caused large-scale job losses in the Canadian labor market, although officials expect the technology to continue transforming workplaces and professional tasks in the coming years. Speaking during a business event in Ottawa, Deputy Governor......
Canada’s labor market showed renewed signs of weakness in April as the national unemployment rate climbed to its highest level in six months. The latest figures point to growing pressure on the economy amid trade tensions, slowing business confidence, and global economic uncertainty. According......
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