Memo outlines strict hiring rules for Healey administration
An internal memo sent Tuesday by Gov. Maura Healey's administration lays out strict hiring rules for agencies.
Source: bostonherald.com
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IBM Eyes Hiring Pause Because AI Does the Job
In an interview with Bloomberg on Monday, Arvind Krishna said that his company would enact a pause in hiring in those roles, and potentially reduce the payroll by 7,800 jobs over several years.
Source: news18.com
IBM to Halt Hiring as AI Could Replace 7,800 Jobs, CEO Warns
IBM CEO Arvind Krishna has stated that the company expects to pause hiring in some roles as AI and automations are set to replace around 30% of non-customer-facing jobs in the next five years. Back-office functions like HR are expected to be particularly impacted. This development comes amid a growing interest in AI and automation, as evidenced by Microsoft-backed OpenAI's recent chatbot launch.
Arvind Krishna International Business Machines Corp Artificial Intelligence Bloomberg News Microsoft Corp Backed Artificial Intelligence
Source: news18.com
IBM Halts Hiring for 7,800 Jobs That Could Be Replaced by AI: Report
CEO Arvind Krishna told the outlet that 30% of back-office roles, such as human resources, will be replaced over the next five years.
Source: businessinsider.com
5 Things to Know Before Markets Open
Treasury Secretary Janet Yellen warned the U.S. could hit its debt limit sooner than expected, as early as June 1 if Congress doesn't act to raise the debt ceiling. Here’s what investors need to know today.
United Kingdom Janet Yellen Morgan Stanley Treasury Secretary Janet Yellen Hit Its Debt Limit Month Sooner Than Expected
Source: investopedia.com