Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
February Layoffs Hit Highest Level Since 2009
February Layoffs , Hit Highest Level Since 2009.
According to a report released by
Challenger, Gray & Christmas on March 7, companies cut 84,638 jobs in February.
That number represents a 3% increase
from January and a 9% jump
year-over-year, Fox Business reports.
As we navigate the start of 2024, we're
witnessing a persistent wave of layoffs.
, Andy Challenger, senior vice president of
Challenger, Gray & Christmas, via Fox Business.
Businesses are aggressively slashing
costs and embracing technological
innovations, actions that are
significantly reshaping staffing needs, Andy Challenger, senior vice president of
Challenger, Gray & Christmas, via Fox Business.
Tech companies had the most
layoffs in February, over 12,000.
The sector has cut over 28,000 jobs since the beginning of 2024, Fox Business reports.
.
Financial firms lost over 26,000 jobs
since the beginning of the year.
That is a 54% increase in layoffs for the sector compared to the same time last year.
Other sectors to experience significant layoffs this year include manufacturing, energy and education.
In light of the backlash some companies
have faced for directly attributing job
cuts to artificial intelligence, , Andy Challenger, senior vice president of
Challenger, Gray & Christmas, via Fox Business.
... they appear to be framing this
shift as a ‘technological update’
rather than an outright substitution
of human roles with AI, Andy Challenger, senior vice president of
Challenger, Gray & Christmas, via Fox Business.
In truth, companies are also
implementing robotics and
automation in addition to AI.
, Andy Challenger, senior vice president of
Challenger, Gray & Christmas, via Fox Business.
It's worth noting that last year alone,
AI was directly cited in 4,247 job
reductions, suggesting a growing
impact on companies’ workforces, Andy Challenger, senior vice president of
Challenger, Gray & Christmas, via Fox Business
US Job Market , Stays Strong Despite , Widespread Layoffs.
'Newsweek' reports that government job cuts are at the highest
they've been since September of 2011, with the most recent
wave of layoffs hitting Army and Veterans Affairs offices.
The latest data from job search and coaching firm
Challenger, Gray & Christmas, Inc. comes amid
job losses in different industries across the U.S. .
Government agencies cut
over 36,000 jobs in March,
with 10,000 layoffs coming
from Veterans Affairs.
Overall, over 90,000 positions were
eliminated by employers last month,
a 7% increase from February's numbers.
Layoffs certainly ticked up
to round out the first quarter,
though below last year's levels.
Many companies appear
to be reverting to a
'do more with less' approach, Andy Challenger, workplace and labor expert at
Challenger, Gray & Christmas Inc., via 'Newsweek'.
Since the beginning of 2024, technology firms
cut over 42,000 positions, with tech companies
reducing over 14,000 positions in March alone.
While Technology continues to
lead all industries so far this year,
several industries, including Energy
and Industrial Manufacturing, are
cutting more jobs this year than last, Andy Challenger, workplace and labor expert at
Challenger, Gray & Christmas Inc., via 'Newsweek'.
While Technology continues to
lead all industries so far this year,
several industries, including Energy
and Industrial Manufacturing, are
cutting more jobs this year than last, Andy Challenger, workplace and labor expert at
Challenger, Gray & Christmas Inc., via 'Newsweek'.
Q1 of 2024 also saw financial firms cut
positions, slashing nearly 29,000 jobs.
Despite the waves of layoffs, experts suggest
that workers are still experiencing
a strong labor market. .
Strong growth of 184,000 jobs,
strong pay growth per job changers,
and these sentiment indicators both
in the manufacturing survey and our
own worker sentiment and that is still
seeing a pretty solid, maybe even
good to great, jobs market for 2024, Nela Richardson's, ADP Research Institute
chief economist, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:30Published
Hawkeyes Ticket Prices Surge , Following Caitlin Clark’s WNBA Draft Declaration.
Clark announced that she will enter the 2024 WNBA Draft on Feb. 29, Fox Business reports. .
Clark announced that she will enter the 2024 WNBA Draft on Feb. 29, Fox Business reports. .
While this season is far from over and
we have a lot more goals to achieve, it
will be my last one at Iowa. I am excited
to be entering the 2024 WNBA Draft, Caitlin Clark, via X.
While this season is far from over and
we have a lot more goals to achieve, it
will be my last one at Iowa. I am excited
to be entering the 2024 WNBA Draft, Caitlin Clark, via X.
It is impossible to fully express my
gratitude to everyone who has
supported me during my time at Iowa.., Caitlin Clark, via X.
Most importantly, none of this would have
been possible without my family and friends
who have been by my side through it all.
Because of all of you, my dreams came true. , Caitlin Clark, via X.
March 3 will mark the Hawkeyes'
season finale. They are currently 24-4.
Clark's WNBA Draft announcement has sent
ticket prices soaring for supporters hoping to watch her play one more time before she turns pro.
Clark's WNBA Draft announcement has sent
ticket prices soaring for supporters hoping to watch her play one more time before she turns pro.
According to TickPick.com, the secondary market's average ticket price for the Hawkeyes' upcoming game against Ohio State is $557.
According to TickPick.com, the secondary market's average ticket price for the Hawkeyes' upcoming game against Ohio State is $557.
As of Feb. 29, the cheapest available ticket was $487, and the most expensive was $2,919.
Clark is only 18 points away from breaking
the NCAA's all-time scoring record.
Clark is only 18 points away from breaking
the NCAA's all-time scoring record.
The late Pete Maravich, who played
for LSU from 1967-1970, currently
holds the record with 3,667 points
Credit: Wibbitz Top Stories Duration: 01:31Published
Drake floored the masses when he brought Tupac Shakur and Snoop Dogg into his beef against Kendrick Lamar via AI ... and Pac's brother thinks it was a step too.. TMZ.com
21st Century Digital Teaching (21C) has developed avatar teachers to create new generation mathematics content in a bid to assist schools and boost engagement with pupils.
Credit: euronews (in English) Duration: 11:46Published
The world's first known combat between a human pilot and a fighter jet controlled by AI has been carried out in California, the US military has said. Sky News
Musicians Sign Open Letter , Warning About AI Threat to Artists.
The Artists Rights Alliance and approximately 200 musicians such as Billie Eilish, Katy Perry and Nicki Minaj released the open letter, according to 'The Hollywood Reporter.'.
The Artists Rights Alliance and approximately 200 musicians such as Billie Eilish, Katy Perry and Nicki Minaj released the open letter, according to 'The Hollywood Reporter.'.
The Artists Rights Alliance and approximately 200 musicians such as Billie Eilish, Katy Perry and Nicki Minaj released the open letter, according to 'The Hollywood Reporter.'.
The letter calls on developers of digital music to "cease the use of artificial intelligence (AI) to infringe upon and devalue the rights of human artists.".
The campaign draws attention to how AI developers use musical works without permission to create AI "copycats.".
Working musicians are already
struggling to make ends meet in the
streaming world, and now they have
the added burden of trying to compete
with a deluge of AI-generated noise. , Jen Jacobsen, executive director of the ARA, via statement.
The unethical use of generative
AI to replace human artists will
devalue the entire music ecosystem —
for artists and fans alike, Jen Jacobsen, executive director of the ARA, via statement.
Others artists who signed the open letter include Camila Cabello, Sam Smith, Jon Bon Jovi.
Others artists who signed the open letter include Camila Cabello, Sam Smith, Jon Bon Jovi.
Others artists who signed the open letter include Camila Cabello, Sam Smith, Jon Bon Jovi.
Norah Jones, Chuck D.
Norah Jones, Chuck D.
Kate Hudson, Pearl Jam and R.E.M.
Kate Hudson, Pearl Jam and R.E.M.
Kate Hudson, Pearl Jam and R.E.M.
Make no mistake: we believe that, when
used responsibly, AI has enormous potential
to advance human creativity and in a manner
that enables the development and growth
of new and exciting experiences for
music fans everywhere. , Via open letter.
Unfortunately, some platforms and
developers are employing AI to sabotage
creativity and undermine artists,
songwriters, musicians and rightsholders, Via open letter.
We must protect against the predatory
use of AI to steal professional artists’
voices and likenesses, violate creators’
rights, and destroy the music ecosystem. , Via open letter
Credit: Wibbitz Top Stories Duration: 01:31Published
As AI redefines the nature of conflict, from the streets of Gaza to the battlegrounds of Ukraine, it's imperative to address its impact on global peace. Join us as we delve into the role of artificial intelligence in modern warfare and explore the urgent need to prioritize peace on the international agenda. From autonomous drones to cyber warfare, discover how AI is shaping the future of war and what it means for the prospects of global governance and peacebuilding efforts.
#Gaza #GazaWar #GazaStrip #Ukraine #RussiaUkraine #IsraelPalestine #IsraelHamasWar #AIinWar #ArtificialIntelligence #AITechnology #Oneindia
~HT.99~PR.274~ED.194~
US Housing Market , Sees Sales of New Homes , Plummet in Several States.
'Newsweek' reports that sales of new homes
across the Northeast and Midwest plummeted
in February, dragging the overall..
Credit: Wibbitz Top Stories Duration: 01:31Published
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