Plot twist: Consulting firm Deloitte is reportedly using AI to prevent...
Deloitte is using AI to potentially shift existing employees into new roles, Bloomberg reported.The move could help the firm stave off mass layoffs and balance new hiring growth.Deloitte is one among several consulting firms figuring out how to deal with new hires. Thanks for signing up! Access your favorite topics in a personalized feed while…
The full list of major US companies slashing staff this year,...
Hasbro is cutting about 1,110 jobs, its CEO said Monday. That's on top of 800 earlier this year. This year, layoffs have expanded beyond tech, media, and finance with retail companies also cutting. See the full list of layoffs so far in 2023. Loading Something is loading. Thanks for signing up! Access your favorite topics…
Don’t use your own phone in Hong Kong, 2 accounting giants...
KPMG and Deloitte advised workers to use burner phones in Hong Kong, The Financial Times reported. McKinsey consultants were also reportedly told to not use their personal phones in the region.Some athletes at Beijing's Winter Olympics last year also used burners phones over security fears. Loading Something is loading. Thanks for signing up! Access your favorite…
Layoffs sparked by Citigroup’s overhaul started this week. Here’s the full...
Citigroup has begun planned layoffs this week as part of CEO Jane Fraser's overhaul. This year, layoffs have expanded beyond tech, media, and finance with retail companies also cutting. See the full list of layoffs so far in 2023. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed…
Amazon is laying off employees again. Here’s the full list of...
Amazon is laying off 180 more employees after cutting over 20,000 jobs in 2023. This year, layoffs have expanded beyond tech, media, and finance with retail companies also cutting. See the full list of layoffs so far in 2023. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed…
Amazon is laying off employees again. Here’s the full list of...
Amazon is laying off 180 more employees after cutting over 20,000 jobs in 2023. This year, layoffs have expanded beyond tech, media, and finance with retail companies also cutting. See the full list of layoffs so far in 2023. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed…
Deloitte Australia CEO admits he isn’t worth his $2.3 million pay...
Deloitte executives were questioned about the company's integrity at a public hearing on Monday. During the hearing, Deloitte Australia's CEO Adam Powick admitted to being overpaid. Powick reportedly earns $3.5 million AUD ($2.3 million). Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go.…
Parents are curbing back-to-school spending for the first time in a...
Parents are planning to spend less on back-to-school clothing and technology this year. Inflation pressures continue to hurt parents' wallets, even as inflation fell this week to 3.0%. Spending intentions on school supplies increased year-over-year, though parents have been searching for deals and discounts. Loading Something is loading. Thanks for signing up! Access your favorite…
Many employees say their wellbeing has slumped since last year. Their...
Most respondents to a survey said their wellbeing slumped or stayed the same since last year. Many reported frequently feeling exhausted, stressed, and overwhelmed, the Deloitte survey found. But most of the C-suite execs who were surveyed said they thought workers' wellbeing had improved. Loading Something is loading. Thanks for signing up! Access your favorite…
JPMorgan is the latest company to slash jobs amid a layoff...
JPMorgan is the latest US company to conduct layoffs, reportedly slashing about 500 employees. Over the past few months, layoffs have expanded outside of tech, media, and finance as Gap and Whole Foods announced cuts. See the full list of layoffs so far in 2023. Loading Something is loading. Thanks for signing up! Access your…
