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Using AI to cut jobs may result in more tax, warns Eco Survey
31 Jan 2025 13:12 GMT
The corporate sector needs to be more sensitive and socially responsible in deploying artificial intelligence (AI), according to the annual economic survey, released on Friday, January 31.
Catch all the updates from the economic survey here.
The rapid …
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Berry Bros & Rudd announces consultation over job cuts amid economic pressures
31 Jan 2025 07:50 GMT
In a move reflecting the challenging economic climate, the CEO of wine merchant Berry Bros & Rudd, has said the company is entering a consultation process with employees across 30 roles.
Emma Fox highlighted the impact of global market conditions, high …
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Services sector should put employees front and centre, says Economic Survey
31 Jan 2025 13:12 GMT
… encompasses a wide range of industries — IT, finance, hospitality, … read: Using AI to cut jobs may result in more tax … projects India's insurance sector to grow fastest among … the services sector.
Focus on Employee Well-being: Companies should prioritise …
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Tesco announces 400 job cuts amid business streamlining
30 Jan 2025 08:57 GMT
UK supermarket chain Tesco plans to cut 400 jobs in a strategic move to streamline its operations.
The layoff will impact management positions at its head office, managers at Tesco Mobile locations and employees in its in-store bakeries.
It will also …
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Amazon’s latest job cuts impact corporate communications and sustainability employees
30 Jan 2025 02:48 GMT
Two of Amazon’s Seattle headquarters towers rise above the Spheres. (GeekWire File Photo / Kurt Schlosser)
Amazon laid off employees in its communications and sustainability organizations on Wednesday in the latest round of cuts at the tech giant.
The …
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Tesco to make huge change to in-store bakeries as it plans to ‘simplify’ the business with 400 job cuts
29 Jan 2025 13:07 GMT
… hikes would lead to job cuts in the sector.
Top boss Ken … statement she would raise employers'; National Insurance contributions (NICs).
She … centre in Cheshire.
The company said in late 2024 that … currently £16,320.
Some companies may offer to pay more …
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Cardiff uni job cuts 'threaten supply of nurses'
29 Jan 2025 10:35 GMT
… boards in south Wales
Job cuts at Cardiff University threaten … said: "Labour's increase to national insurance is already … both the private and tertiary sectors struggling to cope.
… devastating decision to cut 400 jobs."
The students that …
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£1.7m cuts to jobs and services as Huddersfield's Kirkwood hospice faces 'worst crisis in 40 years'
30 Jan 2025 14:56 GMT
… the upcoming National Insurance rise for employers have also pushed up … employs 254 staff, supplemented by a group of bank workers. … challenges being faced across the sector, but the government’s … our services will likely mean job cuts too. Sadly, we just …
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Editorial: Offering buyouts to federal workers is fine. But can they trust Trump’s promise that their cash will be there?
30 Jan 2025 11:52 GMT
… a good deal, as such job-cutting exercises go. Say yes … of packages in the private sector that have been far … Illinoisans who get their health insurance through Medicaid.”
Pritzker was … administration will “stiff” those workers who resign per this initiative …
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Data: Shoppers fear Labour budget will trigger retail job cuts and price hikes
28 Jan 2025 11:57 GMT
… that rising labour costs, triggered by National Insurance and National … will result in fewer employees available to assist customers. … to “inevitable” job cuts across the retail sector.
BRC CEO Helen … crucial role that retail workers play in customer loyalty. …