NEW YORK — Companies around the world are increasingly citing artificial intelligence when slashing jobs, fueling anxiety that a lot more workers may lose their livelihoods to machines. Microsoft, Barclays Bank and supermarket chain Kroger are among the latest entries on a growing list of companies that have announced AI-related workforce reductions this year, including the elimination of jobs deemed redundant or shed to free up money for investing in the technology. But the job cuts of the AI era, which are affecting tens of thousands of people, occasionally have an epilogue. Some companies, after discovering that AI models, applications and agents don't perform as well as expected, end up rehiring laid-off workers to fill eliminated positions. It's unclear how common such reversals are, but they are happening often enough to acquire a nickname: the "AI boomerang." "Two years ago, we said, 'Would this happen?' and now we're saying, 'Yes, it is happening in real time,'" said Lucy Beaumont, a global senior vice president at SHL, a U.K.-based technology company that develops employment-related tests and tools. Hiring managers in fields including finance, marketing, law and health reported earlier this year that their companies had eliminated positions primarily because of AI or automation, only to hire...
Read full articleZahid says govt will take national security, human rights into account while studying proposal.
MANILA, Philippines — For years, residents of a flood-prone Philippine island north of Manila have elevated their homes atop layer upon layer of concrete, only to see floodwaters threaten them again. Burdened by strong storm surges, land subsidence, and rising seas exacerbated by climate change, the 3,000 residents of tiny Pamarawan Island in Malolos City,
Phivolcs warns several municipalities in Albay to expect ashfall, following the ‘moderately explosive’ Mayon Volcano eruption on Friday, October 30
MANILA, Philippines — The Department of Agriculture (DA) is looking to approve at least four more vaccines against African swine fever (ASF) until next year, as it ramps up efforts to contain the disease and rebuild the country’s swine population. Agriculture Undersecretary for Livestock Constante Palabrica said the DA was targeting the approval of a
MANILA, Philippines — The Office of the Ombudsman has separately sanctioned Cebu City Mayor Nestor Dionson Archival Sr. and his predecessor, Raymond Alvin Neri Garcia, over a night market on Colon Street and unauthorized “sabong” or cockfights held in a hotel, respectively. Archival was fined a month’s pay by the Office of the Ombudsman which
MANILA, Philippines — The Supreme Court, citing the lack of proof such as a paper trail, has downgraded the charges and subsequent penalties meted out against a former public school principal in San Jose, Occidental Mindoro, who ordered the cutting of trees on public property. In a decision dated June 2 but released only on
MANILA, Philippines — The Philippine Daily Inquirer said on Thursday that veteran journalist Philip Lustre is not an employee, after lawyer Manases Carpio, husband of Vice President Sara Duterte, placed the company’s Makati office as Lustre’s “last known address.” Lustre was arrested last Saturday on a cyberlibel charge without having received a complaint beforehand because
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MANILA, Philippines — President Ferdinand Marcos Jr. will soon decide who will lead a Supreme Court dominated by appointees of his predecessor, Rodrigo Duterte, after the Judicial and Bar Council (JBC) shortlisted five candidates for chief justice, including two senior magistrates who have repeatedly taken opposing positions on major constitutional and political issues. The choice
If you’re looking for a last-minute costume, we have just the thing for you
The opposition can team up to form the government, but their frayed ties complicate things.
Bookmark this page to watch the livestream of the first elected Bangsamoro Parliament's session in Cotabato City on October 30