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  • ARTIFICIAL INTELLIGENCE WILL YIELD A NEW CATEGORY OF BLUE COLLAR JOBS

    ARTIFICIAL INTELLIGENCE WILL YIELD A NEW CATEGORY OF BLUE COLLAR JOBS

    News by Editorial Team 02 Nov 2018

    Estimates of job losses overshadow the technological leap AI has afforded humanity yet those having a closer taste of things within the industry tell a different tale. The managing director of Accenture Plc, Jim Wilson had this to say “The new blue-collar labor force will need four core competencies for advanced production: complex reasoning, social and emotional intelligence, creativity and certain forms of sensory perception.

     

    read more at Bloomberg
  • GM OFFERS 18,000 EMPLOYEES VOLUNTARY BUY-OUT

    GM OFFERS 18,000 EMPLOYEES VOLUNTARY BUY-OUT

    News by Editorial Team 01 Nov 2018

    The staff, who had stood firm with the company for at least 12 years each would cost $130 million per 1800 outgoing employees. Company spokesperson Pat Morrissey has confirmed that layoffs could be imposed if voluntary departures are scant in number. The downsizing news paints management intentions in neon for cutting costs towards unprofitable avenues and instead focusing on its Automotive car division. 

     

    read more at Bloomberg
  • BREXIT CONTINUES TO BLEED FINANCE JOBS OUT OF THE U.K.

    BREXIT CONTINUES TO BLEED FINANCE JOBS OUT OF THE U.K.

    News by Editorial Team 01 Nov 2018

    Citi Group’s efforts to contain possible Brexit business impacts are forcing it to move 63 jobs out of U.K. of the ones certain of foreign placements are 45 trading professionals and 18 from the firm’s private bank. The bank has continued to hire aggressively within EU locations such as France and Germany suspecting an unfavorable separation of U.K. from Europe. 

     

    read more at Reuters
  • ADDICT EMPLOYEES TO NOW GET TIME OFFS POST REHABILITATION

    ADDICT EMPLOYEES TO NOW GET TIME OFFS POST REHABILITATION

    News by Editorial Team 31 Oct 2018

    A survey by Rehab.com uncovers immediate workplace issues confronting addicts at the workplace. While struggling to avoid a relapse, returning employees assented being subject to a preconceived public image. Of the 737 employers sampled, almost 90% expressed an inclination to grant time-offs for recovery.

     

    read more at Forbes
  • GOOGLE TO SUPPORT EMPLOYEE WALK-OUT ON THURSDAY

    GOOGLE TO SUPPORT EMPLOYEE WALK-OUT ON THURSDAY

    News by Editorial Team 31 Oct 2018

    Sundar Pichai, through an internal memo, has extensively conveyed managerial support to an upcoming staff demonstration. NYT’s latest expose on Google’s shielding of executives accused of sexual misconduct has caused a furor both in and out of the company. The company, within the last two years though, has fired 48 people grappling with such accusations without exit packages. 

     

    read more at CNBC
  • UBER FACES ITS STERNEST TEST YET AT THE COURT OF APPEALS

    UBER FACES ITS STERNEST TEST YET AT THE COURT OF APPEALS

    News by Editorial Team 30 Oct 2018

    A two-day hearing commencing Tuesday will see Uber justify its operational stance on employee rights, wherein it identifies drivers as self-employed. The unions have for long argued in favor of granting drivers, minimum wages. The company, in its turn, for its slew of benefits to suffice for complimentary rights as good as a workplace. The case was first heard by the Employee Tribunal two years before when the verdict was held in the favor of drivers.

     

    read more at Reuters
  • INTEL'S EFFORTS PANNING OUT WELL FOR DIVERSITY AND INCLUSION

    INTEL'S EFFORTS PANNING OUT WELL FOR DIVERSITY AND INCLUSION

    News by Editorial Team 30 Oct 2018

    Recruitment restructuring has been picking the slack up from a bolstering African-American workforce influx at the company for the last three years. The results are for all to see. Back in 2015, the women population comprised 24.7% versus 26.8% in 2018. Yet there is no stopping here as per Barbara Whye, Intel’s Chief D&I officer, who alludes to the further scope of improvement. 

     

    read more at Reuters
  • GOOGLE TO DONATE $25 MILLION IN LOOSE CHANGE TOWARDS AI-PROJECTS

    GOOGLE TO DONATE $25 MILLION IN LOOSE CHANGE TOWARDS AI-PROJECTS

    News by Editorial Team 30 Oct 2018

    The ‘AI Impact Challenge’ is geared to ease organizations into asking Google for help in machine learning. On the lines of Microsoft’s ‘AI for Good’ initiative, enterprises preparing to tackle humanitarian causes with Artificial Intelligence could land a grant from Alphabet Inc. The same could also appease radical critics of the technology who oppose deploying AI for military undertakings.   

     

    read more at Reuters
  • IBM SWALLOWS RED HAT AT A BILL OF $33 BILLION

    IBM SWALLOWS RED HAT AT A BILL OF $33 BILLION

    News by Editorial Team 29 Oct 2018

    The aggressor has agreed to splurge an exorbitant 63 percent premium on Red Hat’s stock price of $116.68 (on Friday), surging the mark-up till $190 per share. The move is seen as IBM asserting a footing in offering cloud-solutions via Red Hats’ product portfolios. Its IBM’s biggest acquisition till date, helping the $114 billion company cope with threatening competitors.  

     

    read more at Fortune
  • SHOULD PAY BE PROPORTIONED TO CUSTOMER FOOT-FALL AT MCDONALD'S?

    SHOULD PAY BE PROPORTIONED TO CUSTOMER FOOT-FALL AT MCDONALD'S?

    News by Editorial Team 29 Oct 2018

    The wise thought seems to imbibe the theory of fair pay as the bottom line hopes for a little more than just ‘meagre’ wages. Although living in the times of the Artificial, a humane outlook could consider compensation corresponding to the intensity of work practiced. For it adds to a talent retention policy which combats poaching in a proven manner. 

     

    read more at Forbes
  • AFRICAN JOB CREATION DOLDRUMS AT THE FACE OF GAWDY DEVELOPMENT PROMOTIONS

    AFRICAN JOB CREATION DOLDRUMS AT THE FACE OF GAWDY DEVELOPMENT PROMOTIONS

    News by Editorial Team 29 Oct 2018

    If the nations were to do as much as beating the chest about regional development, there’d be fewer people out asking for job prospects. Consider this, over the last decade economic prospects have strengthened for 27 nations while at the same time deteriorating for 25. If the continent is to make the most of its burgeoning youth, it needs the job influx to match mega promises.   

     

    read more at Bloomberg
  • GOOGLE GETS PROACTIVE OVER #METOO, FIRES 48 EMPLOYEES IN PAST TWO YEARS

    GOOGLE GETS PROACTIVE OVER #METOO, FIRES 48 EMPLOYEES IN PAST TWO YEARS

    News by Editorial Team 26 Oct 2018

    It seems that the now infamous dirty laundry, aka the #metoo movement, is permeating into the tech world too. In a welcome move for working women around the world, Companies of all sizes are gearing up to be merciless about sexual harassment and the world’s biggest search engine is no exception. In response to a New York Times story that was published on the 25th, CEO Sundar Pichai sent out an email to employees stating that 48 employees had been fired over the matter in the last two years. Surprisingly 13 of them were senior managers, in response to allegations that the company had protected three senior executives by offering them payouts.

     

    read more at Reuters
  • HUAWEI REVEALS INTERNAL HIRING VISION FOR SHORT TERM

    HUAWEI REVEALS INTERNAL HIRING VISION FOR SHORT TERM

    News by Editorial Team 26 Oct 2018

    Rumors of layoffs have been plaguing the telecom giant for some time now. In a recent internal memo, the staff at Huawei revealed that Huawei is suspending recruitment for most internal positions with a strong hiring focus on fresh university graduates for the short term. However, the insiders within the company also clarified that external hiring will not be done away with completely. Senior Professionals with proven excellence in engineering and technology in the 12-15 years’ experience range will continue to remain attractive hires for the company. The biggest employee demographic for the company is presently mid-level employees who haven’t made the cut for promotions but haven’t been laid off either.

     

    read more at Human Resource Online
  • AUTODESK'S PRAKASH KOTA EVANGELIZES HUMAN AI SYNERGY

    AUTODESK'S PRAKASH KOTA EVANGELIZES HUMAN AI SYNERGY

    News by Editorial Team 26 Oct 2018

    Prakash Kota, the CIO of design software behemoth Autodesk recently came out in favor of automation and AI, saying that it was freeing up time for workers at the software company, empowering them to focus on more difficult problems and develop newer skillsets. The 9,000 strong workforces have developed several automation programs that perform repetitive tasks of employees, including virtual assistants that even assist in query resolution and access authorization. Business functions that have been enhanced include payroll, marketing, and finance. Technology vendor UI Path has been one of the key partners in this growth. Autodesk has also developed AVA, an AI virtual assistant for customers using its software products.

     

  • NCAA HIRING SCAM BREAKS OUT AS THREE CHARGES

    NCAA HIRING SCAM BREAKS OUT AS THREE CHARGES

    News by Editorial Team 26 Oct 2018

    James Gatto, Merl Code Jr., and Christian Dawkins were found guilty of bribing the families of up and coming college basketball talent in exchange for their commitments to join teams sponsored by Adidas in the future. After more than two days of deliberation over the lawsuit, the jury found the defendants guilty of what constitutes several charges, including illegal wire fraud. Given the severity of the situation, the three could face prison sentencing several years’ worth. This case exposed a murky underworld of sports agents and runners who speculators have long suspected of running such activities. It also demonstrated the massive influence that sports brands have in the NCAA.

     

    read more at The New York Times
  • TESLA NOW BOASTS OF AN ON-SITE 'FIRST-CLASS' HEALTH CLINIC, CONFIRMS ELON MUSK

    TESLA NOW BOASTS OF AN ON-SITE 'FIRST-CLASS' HEALTH CLINIC, CONFIRMS ELON MUSK

    News by Editorial Team 25 Oct 2018

    Elon Musk skipped his car talk for a while in the last Wednesday’s earnings call and shifted his focus on Tesla Medical Clinics. He terms it as “immediate first-class health care” served right on spot. The clinic is headed by an orthopedic surgeon, whom Musk did not name. While Musk did not quite christen the clinic, there are profiles on LinkedIn stating they are working with ‘Tesla Clinic’ at their Fremont, California location. Laurie Shelby, VP Environmental Health and Safety took it from where Musk left and said, Tesla has done 10 percent better on lost work days and the injuries are going down by every year. Amazon and Apple are also driving towards a similar on-site clinic territory to make healthcare better for the employees.

     

    read more at CNBC
  • WITH AN EYE FOR PROFIT, SNAP INC. PLANS TO GET AMAZON AND HUFFPOST EXECUTIVES TO FILL IN BIG SHOES

    WITH AN EYE FOR PROFIT, SNAP INC. PLANS TO GET AMAZON AND HUFFPOST EXECUTIVES TO FILL IN BIG SHOES

    News by Editorial Team 25 Oct 2018

    Snap Inc. is roping in Jeremi Gorman of Amazon.com as its new Chief Business Officer. HuffPost Chief Executive Jared Grusd will be filling in the position of Chief Strategy Officer replacing Imran Khan. Snap is eyeing to get the profits running with ad sales and users by next year. And Gorman, who saw to Amazon becoming one of the biggest ad sellers will play an important part. Grusd will replace Khan in the coming weeks, who is one in the recent spate of exits after controversial Snapchat App. Design update. Khan’s exit date is still undecided. Grusd will oversee the company’s acquisition and partnership initiatives. Snap’s stock saw the upward curve for a brief period post the announcement that both the executives shall start in the weeks to come.

     

    read more at Reuters
  • FACEBOOK COO CALLS OUT TO WOMEN TO LEAN IN AGAIN

    FACEBOOK COO CALLS OUT TO WOMEN TO LEAN IN AGAIN

    News by Editorial Team 24 Oct 2018

    One of the world’s strongest proponents of gender equality at the workplace and the COO of the world’s largest social network reiterated her stand against equal opportunities for women at the workplace recently, citing a report published by Leanin.org and McKinsey. This is the largest study of its kind to date, spanning four years of data from 462 companies. Sheryl Sandberg sounded the clarion call, stating that companies must now step up their diversity hiring because the progress of women at the workplace wasn’t just slowing down, it was actually stalling. Sandberg pointed out that intent is not enough, stressing that commitment and actions are the need of the hour.

     

  • EMERGING HEMP INDUSTRY NEEDS SKILLS - SO WATCH THIS SPACE!

    EMERGING HEMP INDUSTRY NEEDS SKILLS - SO WATCH THIS SPACE!

    News by Editorial Team 24 Oct 2018

    Could the nascent cannabis industry be the next hope for thousands of American employees with a record? Experts seem to think so. The rapid and exponential growth of the industry, in conjunction with the huge potential for investment, demand, and revenues. Several state governments are already taking the initiatives into their employment initiatives, conducting several expunging operations wherein prospective workers with past conviction records have had them expunged by state and federal law enforcement authorities. This week will see over 20 organizations join hands for the National Expungement Week in Atlanta, Baltimore, Austin, Chicago and several other cities across the country 

     

    read more at Forbes
  • AILING FORD IN CHINA HIRES ANNING CHEN AS THE HEAD TO SCORE HIGH IN LOCAL ADVANTAGE

    AILING FORD IN CHINA HIRES ANNING CHEN AS THE HEAD TO SCORE HIGH IN LOCAL ADVANTAGE

    News by Editorial Team 24 Oct 2018

    Anning Chen, An American born in China and a former Ford Engineer is all set to head Ford’s troubled China operations. His appointment as the new head-marks an end to a 9-month search after his predecessor left rather unceremoniously after just five months. Chen was the Chairman of Cherry Jaguar Land Rover for China and has over 14 years of working experience in the region. Ford sees this local touch as a major move in the right direction. Going by the figures, Ford saw a slump of 43% in sales when compared to the sales number last year. Chen’s understanding of local culture and language will be a key to set Ford’s foot back in its second largest territory as far as sales volume is concerned.

     

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