Tag: employment
Xbox Head Asha Sharma Joins US Federal Reserve Working Group on Monetary Policy
Asha Sharma, CEO of Xbox, has been appointed to a Federal Reserve working group focused on productivity and employment.
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Microsoft Addresses Concerns Over Xbox Staff Cuts and H-1B Visa Replacements
After Xbox layoffs affected 3,200 employees, Microsoft clarifies that these roles will not be replaced by H-1B visa holders.
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Microsoft Offers Generous Severance Packages Amid Xbox and Sales Division Layoffs
Microsoft has laid off around 4,800 employees across Xbox and commercial sales divisions, providing severance packages considered more generous than rivals.
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Microsoft Expands Layoffs Beyond Xbox Division, Total Cuts Reach 4,800 Employees
Microsoft announces layoffs affecting 4,800 workers, extending beyond Xbox to Commercial Business and other divisions.
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China Plans System to Monitor AI’s Impact on Jobs
China aims to develop a framework to assess how artificial intelligence affects job creation and displacement amid mixed expert opinions.
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Tech Industry Sees Over 100,000 Job Cuts Globally Since Early 2026
More than 100,000 employees in the tech sector have been laid off worldwide since early 2026, marking a major wave of workforce reductions.
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Chinese Court Rules Against Firing Employees Solely to Replace Them with AI
A Chinese court has prohibited companies from dismissing workers solely to substitute them with AI, aiming to balance labor stability with tech advancement.
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Data Center Growth in Texas Drives Shortage of Electricians for Residential Construction
Texas faces delays in new housing projects as data center operators attract electricians with higher pay amid AI data boom.
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AI-Driven Job Cuts Account for Nearly Half of Last Quarter’s Layoffs
Artificial intelligence played a significant role in job reductions last quarter, responsible for over 37,000 of 80,000 total layoffs.
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Half of Companies Replacing Staff with AI Bots Plan to Rehire Humans Within a Year, Says Gartner
Gartner reports that half of companies that replaced employees with AI bots intend to return to hiring human staff within a year.
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China Leverages AI to Address Job Placement for 12.7 Million University Graduates
China plans to use artificial intelligence to assist in the employment of 12.7 million university graduates entering the job market this year.
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Sam Altman Criticizes Employers for Misusing AI as an Excuse for Layoffs
OpenAI CEO Sam Altman warns some companies exploit AI adoption as a pretext for workforce reductions, beyond genuine automation needs.
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