BT’s plan to cut 55,000 jobs prior to AI expansion raises concerns among HR experts
It’s reported 10,000 of the axed jobs could be replaced with AI tech BT, one of the leading telecoms giants, has announced plans to cut 55,000 jobs by the end of the decade, potentially affecting over 40% of its workforce. The company aims to replace up to a fifth of these roles with artificial intelligence
C-suite given greater flexibility around training than ‘regular’ employees
42% of intermediate and junior staff struggle with “boring and unengaging” training In the face of skills gaps and fierce competition for enhanced services and products, CYPHER Learning, a modern learning platform provider, has conducted research shedding light on the disparity between employers and employees regarding workplace development. The study’s key findings expose a significant
New study lifts the lid on ‘invisible revolution’ amongst UK workforce
Resignation numbers show no signs of slowing A global Talent Trends survey of almost 70,000 working adults has uncovered seismic shifts in employee attitudes and motivations – 90% of global respondents and 86% of UK respondents cited they are open to new opportunities in the jobs market. Conducted by global recruitment consultancy, PageGroup, the survey
The secret to a strong brand strategy, according to Indeed
“Employers need to be prepared to pivot,” hiring expert says In today’s competitive job market, attracting and retaining the best talent requires a strong employer branding strategy. With the rise of digital platforms, candidates are increasingly turning to the online realm to evaluate potential employers. Therefore, it is crucial to develop a solid vision, culture,
Justice department settles with IT staffing firm over alleged bias in job ads
Innova Solutions Settles Immigration Bias Claims Georgia-based IT staffing firm Innova Solutions, formerly known as American CyberSystems Inc., has reached a settlement with the US Department of Justice following allegations of immigration-related bias. The Department of Justice revealed that the company had advertised two positions in a manner that discriminated against certain applicants based on
97% of entry-level US workers feel impacted by the cost of living crisis
US executives feel they have not been paid fairly in-line with inflation A 2023 Job Market Survey has examined the state of employment in the United States – highlighting the growing economic concerns between lower and high wage earners. The survey, commissioned by the Professional Resume Writers (PRW), interviewed a cross-section of 2000 people of
Online job advertising market revenue rises 16%
Global Online Job Advertising Soars According to a recent report titled “Online Job Advertising Market Update” by Staffing Industry Analysts, the global online job advertising market experienced a significant increase in value in 2022, reaching $36.1 billion. This represents a 16% growth compared to the previous year. Since 2015, the market has been steadily expanding
Musk calls WFM ‘morally wrong’ as office return polices spread
Elon Musk Criticizes Work-from-Home Tech mogul Elon Musk has expressed strong disapproval of the trend of working from home (WFH), deeming it “morally wrong” amidst growing calls from employers worldwide to return to the office. In an interview with CNBC, Musk argued that refusing to resume office work is not only a matter of productivity
Recruitment plans remain strong in June quarter, but nearly half of employers report recruitment difficulties
Australian Employers Remain Positive in Short-Term Employment Intentions Australian employers continue to hold positive short-term employment intentions with a score of +45, as indicated by the Net Employment Intentions Index released by the Australian HR Institute. The index calculates the net positive outlook by subtracting the percentage of employers planning to reduce staffing levels from
82% of organizations use AI to assess employee retention and turnover
AI Revolutionizes HR Decision-Making The utilization of artificial intelligence (AI) for managing employees in organizations is on the rise, as per a survey conducted by the Society for Human Resource Management (SHRM). The survey revealed that 82% of HR professionals reported their organizations employing AI-driven people analytics to evaluate employee retention and turnover, while 71%
