Labor Market & Hiring
'Hungover interns' | Mark Cuban challenges doomsday forecasts around AI-linked layoffs
Billionaire investor and entrepreneur Mark Cuban argues that AI is too expensive and isn't yet good enough...
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Benefit reduction | Meta trims staff equity offering as AI investment climbs
Meta reduces stock option grants by about 5% as it ramps up billions in AI capital expenditure...
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'Jobless boom' | Federal Reserve chief warns rapid AI adoption could leave many 'essentially unemployable'
Federal Reserve Governor Michael Barr, warns AI could create widespread unemployment that leaves many...
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White-collar wipeout | AI could replace employees for 'all professional tasks' within 18 months, Microsoft chief says
AI leaders warn automation could reshape white-collar jobs, though current data shows only limited workforce...
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'Strategic shortcomings' | American Airlines staff publicly call for exit of CEO Isom
Union leaders representing pilots and flight attendants at American Airlines are calling for the removal...
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'No compromises' | APA defends airline hiring processes after FAA's anti-DEI directives
A new FAA requirement ordering airlines to certify merit-based pilot hiring has prompted a response from...
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In or out? | Google offers voluntary exits in business division as AI adoption intensifies
Google is offering voluntary severance packages to some employees in its global business organization...
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'Shocked' | Salesforce staff voice anger after CEO Benioff makes 'indefensible' ICE joke
Salesforce CEO Marc Benioff is facing employee criticism after joking about ICE monitoring international...
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Customer-facing | Target prioritizes in-store staff over automation push
Target is increasing in-store staffing while cutting supply chain and regional office roles as the retailer...
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'Career suicide' | Retaliation concerns leave JPMorgan workers reluctant to criticize RTO mandate
JPMorgan's return-to-office mandate is causing employee concern about hybrid work, career risk, and...
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WARN filings | NYC labor data reveals zero cases of AI-driven layoffs
AI layoffs remain largely invisible in official workforce reduction filings in New York, even as companies...
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Succession | 'No. 2' Disney exec secures $27m package - with higher base pay than new CEO
In a move seemingly designed to salve the sting of being passed over for the top job, the Walt Disney...
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'Watch them work' | Cisco CEO criticizes internal promotion interview processes
Cisco CEO Chuck Robbins says internal promotion interviews reveal little about candidates compared to...
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Under scrutiny | Are leaders being honest about so-called AI layoffs?
Corporate leaders in the US increasingly cite AI layoffs as a reason for workforce reductions, though...
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Time out | Super Bowl LX sickies and hangovers could cost $1.9bn
Super Bowl 'sickies' are becoming a workplace challenge as new data shows millions of employees skip...
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'Threatened' | USPS worker allegedly suspended for social media criticism of storm safety protocols
USPS safety concerns emerge after a mail carrier's suspension during a historic winter storm affecting...
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'Impact-evidence' | Meta links employee AI usage to performance reviews & rewards
Meta is tying performance reviews and bonuses to employee AI use, signaling a tougher stance on AI adoption...
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'Clear violation' | Pinterest fires workers who built layoff tracker
Pinterest has fired two engineers after they accessed confidential systems to identify which employees...
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'Unprecedented' | Wells Fargo awards CEO bumper 28% pay increase
Wells Fargo has approved a $40m pay package for CEO Charlie Scharf, citing performance and progress after...
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‘Code of conduct’ | Gaming giant Ubisoft fires employee who publicly criticized RTO policy
A spokesperson for Ubisoft said that sharing opinions 'respectfully' does not lead to...
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