The largest U.S. crypto exchange said it was cutting jobs because of cryptocurrency market volatility and to “optimize” for the artificial intelligence era.
Category: Labor and Jobs
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Coinbase Lays Off 14% of Employees as A.I. Changes Work
The New York Times – Business: -
The Federal Safety Net Isn’t Ready for Artificial Intelligence
The New York Times – Business:As fears of A.I.-driven job losses mount, economists warn that unemployment benefits and other programs to help displaced workers aren’t sufficient.
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E.E.O.C. Investigating Discrimination Claim at The New York Times
The New York Times – Business:The Equal Employment Opportunity Commission recently referred a reverse-discrimination complaint by an employee to the agency’s legal unit for review.
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What to Watch at the Federal Reserve’s April Meeting
The New York Times – Business:The U.S. central bank is widely expected to hold interest rates steady at what is scheduled to be Jerome H. Powell’s final meeting as chair.
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What to Watch at the Federal Reserve’s April Meeting
The New York Times – Business:The U.S. central bank is widely expected to hold interest rates steady at what is scheduled to be Jerome H. Powell’s final meeting as chair.
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Nike to Cut 1,400 Jobs as Part of Its Turnaround Plan
The New York Times – Business:Most of the layoffs will affect tech workers as the athletic giant tries to reverse a yearslong sales slump. It’s the second round of cuts this year.
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Former Employee Sues MrBeast’s Company Over Harassment Claims
The New York Times – Business:The former employee of the YouTube star’s production company said in a federal lawsuit that she had experienced sexual harassment and pregnancy discrimination. Beast Industries denies all of the claims.
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Labor Secretary’s Departure Gives Trump an Opening to Focus on His Agenda
The New York Times – Business:President Trump accepted Labor Secretary Lori Chavez-DeRemer’s resignation ahead of an internal investigation into her conduct at the department.
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A.I. Is Eliminating Jobs on Wall Street
The New York Times – Business:“A.I. gives us places to go we haven’t gone,” said one bank’s chief executive.
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A Year After U.S.A.I.D.’s Death, Fired Workers Find Few Jobs and Much Loss
The New York Times – Business:People have plowed through savings, cashed out retirement funds and moved in with relatives. Former U.S.A.I.D. workers estimate that less than half have found full-time work.
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My Boss Loves ChatGPT. Must I Fake Loving It Too?
The New York Times – Business:Plus, if you’re feeling old and sidelined at work, this is the fictional character to channel.