job loss

In a significant shift from the recent past, brokerage analysts in China are facing job cuts and pay reductions as the industry undergoes a period of retrenchment following years of growth. What Happened: A number of senior analysts at the state-owned Guotai Junan Securities Co. have recently...

Infosys Limited (NYSE:INFY) Consulting’s global AI co-lead, Martin Weis, has voiced concerns over the potential for social unrest in the U.K. due to the rapid advancement of artificial intelligence.  Weis suggested that significant upheaval may ensue if societal...

Goldman Sachs predicts significant economic repercussions due to a looming $2 trillion corporate debt wall, Business Insider reports. The bank’s recent note highlighted that higher interest expenses from corporate debt refinancing could lead to decreased capital expenditures and the loss of...

Relic Entertainment Inc., the Canadian video game developer owned by Sega Sammy Holdings Inc. (OTC: SGAMY), announced the layoff of 121 employees. The Vancouver-based company becomes the latest addition to the growing list of tech companies initiating significant layoffs, a concerning...

With layoffs affecting the national workforce, cannabis staffing leaders forecast that more dismissals are expected in the sector over the next few months. Layoffs in recent months have included the likes of Aurora Cannabis Inc (NASDAQ: ACB) and Dutchie, among numerous others. Karson...