Tag Archives: workforce

Google launches €25M AI drive to ‘empower’ Europe’s workforce

Google launches €25M AI drive to ‘empower’ Europe’s workforce

Google has launched a €25mn training and skills programme to help Europe’s workforce “seize the opportunity of AI,” the tech giant announced today.  The initiative is targeted at “vulnerable and underserved” communities, who Google said risk getting left behind as the use of AI in the workplace skyrockets — a trend that is expected to continue. Google said it had opened applications for social enterprises and nonprofits that could help reach those… Source link

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Potential Google killer could change US workforce as we know it

Potential Google killer could change US workforce as we know it

Hudson Institute senior fellow Arthur Herman discusses Microsoft’s investment in ChatGPT-maker, the threat of AI programs to future jobs and the impact of AI on national security. For years, we’ve heard of the potential challenges artificial intelligence posed for multiple industries. Now, as Microsoft’s partnership with OpenAI blossoms, experts are signaling a potential new threat to white-collar workers and the tech industry. Hudson Institute senior fellow Arthur Herman warned FOX… Source link

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Google-backed ShareChat cuts 20% of workforce

Google-backed ShareChat cuts 20% of workforce

BENGALURU, Jan 16 (Reuters) – India’s ShareChat, a short video-sharing platform backed by Google (GOOGL.O) and Temasek, said on Monday it let go of around 20% of its employees, as startups face increasing pressure from investors to cut costs. “There is a growing market consensus that the current global economic downturn would be a much more sustained one, and we thus have to, unfortunately, seek more cost savings by reducing our team size,” ShareChat Chief Executive Officer Ankush Sachdeva… Source link

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Google-backed ShareChat cuts 20% of workforce

Google-backed ShareChat cuts 20% of workforce

By Aditya Kalra BENGALURU (Reuters) -India’s ShareChat, a short video-sharing platform backed by Google and Temasek, said on Monday it let go of around 20% of its employees, as startups face increasing pressure from investors to cut costs. “There is a growing market consensus that the current global economic downturn would be a much more sustained one, and we thus have to, unfortunately, seek more cost savings by reducing our team size,” ShareChat Chief Executive Officer Ankush Sachdeva said… Source link

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Google-backed ShareChat cuts 20% of workforce

Google-backed ShareChat cuts 20% of workforce

ShareChat, a short video-sharing platform backed by Google and Temasek, said on Monday it let go of around 20 per cent of its employees at a time when startups are facing increasing pressure from investors to cut costs. “There is a growing market consensus that the current global economic downturn would be a much more sustained one, and we thus have to, unfortunately, seek more cost savings by reducing our team size,” ShareChat Chief Executive Ankush Sachdeva said in an internal memo seen by… Source link

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Google-backed ShareChat cuts 20% workforce to ‘sustain through headwinds’ • TechCrunch

Google-backed ShareChat cuts 20% workforce to ‘sustain through headwinds’ • TechCrunch

ShareChat, the Indian social media startup backed by Twitter, Google, Tiger Global and Temasek, has laid off 20% of its workforce — or over 400 employees — just a month after eliminating more than 100 roles. The startup informed its employees about the decision on Monday morning. It deactivated access to accounts and wiped out all data of impacted employees, a person familiar with the development told TechCrunch. In December, ShareChat laid off nearly 5% of its… Source link

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Google, Microsoft-backed VerSe Innovation cuts 5% of workforce, reduces salaries • TechCrunch

Google, Microsoft-backed VerSe Innovation cuts 5% of workforce, reduces salaries • TechCrunch

India’s VerSe Innovation — the $5 billion Indian startup behind news aggregator Dailyhunt, short-video platform Josh, and hyperlocal video app PublicVibe — has cut 150 employees, or 5% of its workforce of 3,000, TechCrunch has learned and confirmed. The Bengaluru-based startup informed impacted employees on Friday and separately held a town hall meeting on Monday where it announced pay cuts to its remaining staff, people familiar with the matter told… Source link

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Beyond Meat cuts 19% of workforce, including alleged nose-biting COO, stock plunges

Beyond Meat cuts 19% of workforce, including alleged nose-biting COO, stock plunges

Beyond Meat is letting go of an executive who allegedly bit someone’s nose outside of a football game last month as part of a 19% reduction in the plant-based meat company’s global workforce that also includes the embattled company’s COO. Beyond Meat stock were down more than 7% in pre-market trading as of 7:12 AM ET. The company stated that the last day of Chief Operating Officer (COO) Doug Ramsey would be Friday. Ramsey had been on suspension since September 20 after the alleged incident,… Source link

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