Breaking news: Scale AI, a prominent AI data labeling company, undergoes a major restructuring, cutting 14% of its workforce, terminating contracts with 500 global contractors, and pivoting away from its core data labeling business following Meta's acquisition of a competitor.
AI automation is slashing graduate hiring in accounting and finance as major firms like AIB deploy AI tools for routine tasks, raising fears from trade unions about potential job losses with around 30% of workers in roles vulnerable to AI replacement according to a government study.
Amid massive corporate AI investments, 77% of workers report increased workloads due to AI, with nearly half struggling to leverage its promised productivity gains, signaling urgent need for workforce training and change management strategies.
Recruit Holdings, parent of Indeed and Glassdoor, cuts 1,300 jobs or 6% of its HR tech workforce, mainly in the U.S., pivoting towards AI integration as the CEO cites AI's transformative impact requiring adaptation.
A former Meta AI researcher reveals a toxic culture of fear, dysfunction, and confusion plaguing the tech giant, likening it to metastatic cancer spreading unchecked, with unclear goals, frequent layoffs, and plummeting employee morale.
A vulnerability in McDonald's AI hiring chatbot McHire exposes personal data of 64 million job applicants before being swiftly fixed by the fast-food giant after researchers' notification.
Major tech giants Microsoft, OpenAI, and Anthropic partner with teachers' unions AFT and UFT to launch a $23 million National Academy for AI Instruction, providing free training and curriculum to empower 1.8 million educators in integrating AI into classrooms across the United States.
McDonald's AI hiring tool leaks millions of applicants' personal data as hackers exploit security flaws to access names, emails, and phone numbers by guessing a simple password.
Microsoft cuts 9,000 jobs while AI tools save over $500 million in call center costs, signaling a major investment push into AI talent and infrastructure despite record profits.
In a major AI talent move, Apple's AI chief Ruoming Pang, responsible for developing language models and features, departs for Meta's newly formed Superintelligence Labs, as the tech giants compete for top AI talent.