Hundreds of TikTok employees in Ireland face job losses as the company implements global redundancies. Around 300 roles are reportedly under threat, impacting TikTok’s Dublin-based workforce of nearly 3,000. The...
Tech giant Apple has revealed plans to invest more than $500bn (€477bn) in the US over the next four years. The investment will include a new manufacturing factory in Texas...
TikTok, the popular social media platform owned by China’s ByteDance, is laying off hundreds of employees worldwide. On Friday, the company confirmed the layoffs as it shifts focus towards using...
Microsoft has announced it is cutting 650 jobs in its Xbox division, marking the third round of layoffs this year. These cuts come as the company works to manage costs...
Apple Inc. has eliminated about 100 jobs in its digital services group, Bloomberg News reported on Tuesday. The layoffs mainly impacted the team responsible for the Apple Books app and...
Despite the pervasive apprehension about AI potentially displacing jobs, a Massachusetts Institute of Technology (MIT) study, suggests that at present, AI is economically impractical for most roles. The study, titled...
A recent analysis by the International Monetary Fund (IMF) predicts that artificial intelligence (AI) is poised to impact nearly 40% of jobs worldwide. The probability for advanced economies is higher,...