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EMPLOYEE PRODUCTIVITY AI
Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start upCanva has announced significant changes that will impact around 1,271 team members, driven by a downturn in revenue growth. To improve proj...
AI deployment accelerating, but enterprises becoming more discerning: Freshworks CEO Dennis WoodsideThe Nasdaq-listed software-as-a-service (SaaS) company reported a 14% year-on-year increase in revenue to $245.4 million for the July-Septe...
Why are companies restricting AI access to employeesGoldman Sachs, Uber, JPMorgan and Nvidia are some of the global firms that have restricted their employees’ usage of AI tools
Canva to cut about 22% of staff as growth slowdown triggers restructuringAustralian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restr...
Indian companies trust AI with greater autonomy but struggle to prove financial returns: ReportIndian companies are shifting towards AI-driven processes to enhance operational efficiency, but there's a catch. Despite the optimistic ou...
Why is Microsoft borrowing $25 billion after offering buyouts to 60,000 employees?Microsoft 25 billion bond sale: Microsoft is raising $25 billion through a bond sale as AI infrastructure costs rise, days after offering v...
Canva may announce another round of layoffs in November, report claims; hiring freeze also possibleCanva appears to be bracing for possible layoffs or a hiring freeze after recently downsizing their team by cutting 32 employees from the t...
India’s small companies need to see AI as more than an artificial promiseIndia MSME news: India's micro, small and medium enterprises are exploring the adoption of artificial intelligence to enhance productivity....
Banks report 10-50% gains in productivity, turnaround time and costs from AI-led initiativesSeveral banks in India have implemented artificial intelligence initiatives that have increased productivity and efficiency significantly. ...
Odoo 20 strengthens business operations with deeper India-specific compliance featuresOdoo 20 has launched several updates designed specifically for Indian businesses. These updates focus on enhancing GST compliance, payroll ...
How should companies measure performance when AI does part of the work?As AI becomes part of everyday work, companies are reconsidering how they assess employee performance. Measuring output alone may overlook ...
AI boomerang: What one should keep in mind if Microsoft, Barclays Bank, Kroger rehire sacked employees?Microsoft, Barclays Bank and supermarket chain Kroger are among the latest entries on a growing list of companies that have announced AI-re...
Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big TechAmazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...
Your boss may soon know what you’re asking Claude to do at workClaude’s parent Anthropic has rolled out a new feature for its enterprise customers that gives administrators a window into how their teams...
Zoho’s Sridhar Vembu sees a painful rebalancing of jobs in the AI ageSridhar Vembu expressed concerns regarding the impact of artificial intelligence on computer-based employment. He indicated that AI could a...
How AI is changing pay, career growth and the employee deal in IndiaAs AI changes the skills companies need, the relationship between employers and employees is being renegotiated. Career progression, access...
Amazon lays down AI usage guidelines for software engineers; here’s what it wantsAmazon recently issued internal guidelines regarding the use of artificial intelligence by its software engineers. The guidelines emphasize...
IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
Nearly 60% of firms yet to move AI beyond pilots as deployment remains key challenge: ReportNearly 60 per cent of organisations surveyed remain in the exploration or pilot stages of artificial intelligence (AI) adoption, with only ...
AI could change how young employees start their careers in India: IIT Madras PaperArtificial intelligence (AI) could reshape entry-level jobs in India by automating routine tasks and changing the responsibilities of junio...