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PWC JOB LOSSES
AI doom countdown begins: Ex-Google exec warns AI will unleash hell, to wipe out white-collar jobs by 2027Former Google executive Mo Gawdat warns that artificial intelligence will trigger significant job losses, particularly in white-collar sect...- Amid job loss fears due to automation, a shocking new report reveals how AI is actually making workers ‘more valuable’Despite concerns over AI-driven job losses, PwC’s 2025 AI Jobs Barometer finds AI is creating jobs and boosting wages worldwide. Productivi...
- Awaiting an end to IndusInd Bank's ₹1,500 cr derivative loss sagaIndusInd Bank faces scrutiny for a ₹1,500 crore derivative loss, with auditors investigating to uncover the causes. The loss, concealed thr...
- IndusInd Bank hires Grant Thornton for forensic checkIndusInd Bank hired Grant Thornton Bharat to conduct a forensic check on its derivatives operations after disclosing a potential ₹1,600 cro...
- Mass layoffs at PwC after exodus of clients in ChinaPricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beiji...
- CEOs fear for their firms in pre-Davos survey as AI, climate risks riseAdvancements in generative AI were top of the concerns for most survey respondents, with almost 75% predicting it would significantly chang...
- All of UK retailer Wilko's stores to shut, risking 12,500 jobsThe news follows hopes in recent weeks of a deal being reached to buy the retailer, which collapsed last month after suffering a cash squee...
- AI will cause role changes, not necessarily job losses: StudiesA study estimates 52-69% of repetitive and predictive roles to get exposed to the risk of automation in the next couple of years.
- Three waves of automation will hit the world now: Know who will drown whenA PwC study has just detailed which workers (by education, age, gender, industry and country) will lose their jobs because of automation at...
- PE firms failing to tap digitalisation: PwC researchIndustry experts say that going ahead digital would play an integral role in the way economy functions. Many global companies have already ...
- Caparo to cut 452 jobs in UK: PwCMost of the jobs, around 300 of the total 1,700 workforce, are being lost at plants in the West Midlands, with other losses at sites in Har...
- Not getting right talent costing Indian economy Rs 53,000 crore: StudyIndia is likely losing Rs 53,000 cr from its economy as companies are unable to hire people with right talent for the job and are incurring...
- No price correction likely in Mumbai realty market: HDFCMortgage major HDFC today said a correction is unlikely in the runaway property prices in the metropolis, where the demand continues to be ...
- London now second most attractive financial centreFirst Asian city in the ranking, Singapore, comes in seventh while Mumbai stands at 27th in the 'city gateway' category
- Death of a PwC employee: Concerns about work fatigue & stress in offices in ChinaOf some 5,000 Chinese employees polled across the country, nearly 45% of respondents said they often felt they were suffering during and af...
- 2.45 mn people unemployed in UK in June-AugustAround 2.45 mn people were unemployed in the UK during the three months ended August as per official data released today, indicating that t...
- 'Indian cos more vulnerable to web attacks'Independent findings of internet and data security company Symantec and research agency Frost and Sullivan suggest that Indian companies ar...
- 750 jobs to be cut at Lehman BrothersAdministrators at Lehman Brothers' British operations on Tuesday announced 750 job cuts at the bankrupt investment bank.
- Credit woes: IT cos may cut 25K jobsThe banking, financial services and insurance (BFSI) segment is the largest outsourcing vertical for Indian technology players.
- Rajan wins tie against Kapoor to become new PwC India chairmanIt had everything that could make a perfect storm for a big corporate house - a freshly-sealed M&A deal, the chairman & MD stepping down so...
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