A series of precedent-setting rulings signals that Chinese courts are being enlisted to shield workers from displacement by artificial intelligence.
Category: Layoffs and Job Reductions
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China Wants A.I. to Flourish, but Not at the Expense of Jobs
The New York Times – Business: -
On Blind, Anxious Tech Workers Get the Lowdown on Layoffs
The New York Times – Business:On the website Blind, professionals share advice — and gallows humor — anonymously. It is chronicling the curdling of tech optimism.
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The Villain of This Year’s Commencement Speeches: A.I.
The New York Times – Business:College students have interrupted graduation ceremonies to voice their fears about artificial intelligence. They’re not the only ones who are worried.
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Starbucks to Layoff 300 Corporate Workers
The New York Times – Business:The company said it would close four regional offices and take a $400 million charge related to the changes.
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What to know about the report.
The New York Times – Business:Employers added 115,000 jobs and the unemployment rate remained at 4.3 percent despite higher energy prices and instability spurred by the war with Iran.
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How Prepared Are We for A.I. Layoffs?
The New York Times – Business:Our chief economics correspondent, Ben Casselman, describes how A.I.-related layoffs are testing the resilience of the government’s safety net programs.
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Coinbase Lays Off 14% of Employees as A.I. Changes Work
The New York Times – Business:The largest U.S. crypto exchange said it was cutting jobs because of cryptocurrency market volatility and to “optimize” for the artificial intelligence era.
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China’s Economy Starts to Show Cracks From Iran War
The New York Times – Business:China’s strategic reserves of oil and natural gas have insulated it somewhat, but its manufacturing-based economy is beginning to falter.
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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.