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‘These AI agents have been really, really helpful,’ says a former Sydney employee. ‘But you couldn’t use something like that to replace an actual human worker’Get our breaking news email, free app or daily news podcastSacked from his “dream job” at software giant Atlassian, Rubio* wants just one thing – closure.“We were probably exceeding expectations […]
Group aims to be ‘simpler, lower-cost, AI-enabled business’ and achieve £500m of annual savings by 2028The beleaguered advertising group WPP has announced a radical restructure to counter the threat posed by the AI revolution, including merging its ad agencies and cutting jobs.Aiming to be “a simpler, lower-cost, AI-enabled business”, the London-based company laid out plans
WPP to merge ad agencies and cut jobs in radical shake-up to counter AI threat Read More »
Number of employees declined by more than 14% to 24,963 last year, with fall greatest among younger workersAI is indeed coming – but there is also evidence to allay investor fearsUK advertising agencies had their biggest annual exodus of staff last year, led by younger workers, as artificial intelligence tools threaten to replace workers and
UK ad agencies undergo their biggest exodus of staff as AI threatens industry Read More »
Charlie Nunn says banks will be hiring staff with different skill sets as customer experience will ‘radically change’Business live – latest updatesThe boss of Lloyds Banking Group has warned that bankers will need to “reskill themselves” to survive the oncoming AI boom that stands to transform the financial services sector.Charlie Nunn told reporters on Thursday
Lloyds boss warns bankers must ‘reskill themselves’ to survive AI boom Read More »
Message erroneously said affected employees in the US, Canada and Costa Rica had already been informedBusiness live – latest updatesAmazon has told workers of a fresh round of global job cuts in an email that appears to have been sent in error.Workers at Amazon Web Services (AWS) received a meeting invitation from a top executive
Amazon reveals fresh round of global job cuts in email sent in error to workers Read More »
Survey reveals ‘mismatched AI expectations’ between views of employers and staff over impact on careersMore than a quarter (27%) of UK workers are worried their jobs could disappear in the next five years as a result of AI, according to a survey of thousands of employees.Two-thirds (66%) of UK employers reported having invested in AI
More than a quarter of Britons say they fear losing jobs to AI in next five years Read More »
In Mansion House speech, mayor will talk of opportunities technology offers but highlight mass unemployment riskSadiq Khan is to warn in a major speech that artificial intelligence (AI) could destroy swathes of jobs in London and “usher in a new era of mass unemployment” unless ministers act now.In his annual Mansion House speech, the London
Sadiq Khan to urge ministers to act over ‘colossal’ impact of AI on London jobs Read More »
