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NATIONAL AUSTRALIA BANK JOB CUTS
IMF, OECD warn AI could widen rich-poor country divideRecent conversations underscore the transformative possibilities of artificial intelligence in fostering global economic growth and improvi...- IMF, OECD warn AI could widen rich-poor country divideArtificial intelligence holds the potential to significantly enhance global economic growth and productivity rates. However, poorer countri...
- Barclays to cut 5,000 jobs this yearBarclays is cutting around 5,000 jobs, or 5% of its workforce, this year as it deploys technology, including artificial intelligence, to re...
- Westpac's latest job cuts not AI-driven, spokesperson saysWestpac is set to eliminate approximately 140 positions as part of a restructuring effort. The Finance Sector Union highlights that the ban...
- Dip in the dollar takes a breather with Fed in focusInvestors are currently preparing for upcoming central bank meetings next week, expecting interest rate holds in major economies. The dolla...
- Qualcomm may cut 600-1,200 jobs in India as part of global restructuringQualcomm has not disclosed the scale of the planned job cuts or the number of positions that could be affected, and it did not respond to E...
- India set to meet 2030 green goals, but UN issues a global warningIndia is expected to meet its 2030 and 2035 climate targets due to ambitious renewable energy initiatives. The UN report highlights the glo...
- Australia’s new arrival control law raises questions for students and workers returning homeNew amendments grant the Minister for Home Affairs of Australia enforces visa-specific restrictions. Currently, these guidelines primarily ...
- Global Market: Japanese government bond yields fall as safe-haven demand returnsJapanese government bond prices rose for a third session as attractive yields and safe-haven demand boosted investor interest. Record deman...
- Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo showsThe cuts are part of an effort to build "a stronger performance culture" and address situations where the company "has consistently fallen ...
- BBC to cut 2,000 jobs, shut BBC Three, BBC Scotland TV channels and Radio 4 Extra to save £500 millionIn a significant shift, the BBC will discontinue its BBC Three and BBC Scotland channels this spring as part of a strategic initiative aime...
- Anthropic’s new fund could help address AI’s impact on jobs and workersAnthropic has unveiled the Anthropic Public Benefit Fund, which focuses on ensuring job stability amid the rise of AI technology. The firm ...
- Australian woman quits finance job for 6-month solo Europe trip, starts missing home within 2 weeks and regrets leaving AustraliaAn Australian woman has set off on a transformative six-month trip through Europe, leaving behind her finance career. Just two weeks into t...
- Netflix layoffs: 1,000 employees eliminated ahead of quarterly earnings results; biggest cut since 2022After a challenging year at Wall Street, Netflix lays off around 1,000 employees, comprising about 6% of its total workforce. The impact wi...
- Netflix cuts about 6% of jobs: WSJThis marks its biggest round of layoffs since 2022, as the streaming giant faces intense competition for users' time in a consolidated medi...
- World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...
- World Bank warns of 800 million-job gap in next 10 years: Will global employment crisis affect Americans?According to the World Bank, an alarming job crisis looms, with projections of an 800-million-job void worldwide. Ajay Banga, the bank's Pr...
- Australia without migrants! Hotel association posts an apocalyptic video showing how the country will look without foreign worker from empty sheleves at supermarket to no coffeeA viral advertisement by the Australian Hotels Association uses exaggerated scenes to illustrate how the departure of migrant workers could...
- Australia Work and Holiday- Subclass 462 Explained: Indians have limited opportunities to live, travel, and workThe Australia-India Economic Cooperation and Trade Agreement opens the door for young Indians to join the Work and Holiday visa program. Wi...
- Microsoft Azure is not taking cost-cutting measures, says software giant spokesperson amidst AI overhaul reportsMicrosoft has announced the next generation of its custom AI chip and said it plans to deploy potentially more than a million of them next ...
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