Microsoft is eliminating 4,800 positions, representing approximately 2.1% of its global workforce, as the software giant navigates a broader shift toward artificial intelligence (AI) and seeks to stabilize underperforming hardware and gaming segments, CNBC reported Monday (July 6). Get the Full Story Complete the form...
Starling Bank plans to cut about 130 jobs as it automates roles and restructures its banking and technology operations to eliminate duplicate roles, the Financial Times reported Friday (July 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The impact of AI has reportedly begun to show up in U.S. government employment data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Goldman Sachs has increased its estimate of the share of U.S. jobs that could be displaced by generative artificial intelligence (AI) from the previous 6-7% to over 9%, Seeking Alpha reported Thursday (June 25). Get the Full Story Complete the form to unlock this article...
December 03, 2024
Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely that they’d switch jobs in the next year. At the same time, we noted that 83% of consumers eyed 2024 with concerns about the economy. Only 38% of consumers said […]
February 13, 2024
The intersection of artificial intelligence (AI) and the future of work is crowded and a bit confusing these days. Get the Full Story Complete the form to unlock this article...
January 12, 2024
From Walmart looking to be a personal shopping concierge to Amazon expanding its Buy with Prime to more platforms and leveraging tech to help consumers manage their healthcare, the two...
March 29, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
July 15, 2026
Microsoft’s cybersecurity business is developing more artificial intelligence (AI) security products, cutting back on some of its more traditional security products, and consolidating engineering teams, which has led to several hundred layoffs, The Information reported Wednesday (July 15), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]
July 06, 2026
Microsoft is eliminating 4,800 positions, representing approximately 2.1% of its global workforce, as the software giant navigates a broader shift toward artificial intelligence (AI) and seeks to stabilize underperforming hardware...
July 03, 2026
Starling Bank plans to cut about 130 jobs as it automates roles and restructures its banking and technology operations to eliminate duplicate roles, the Financial Times reported Friday (July 3)....
July 01, 2026
The impact of AI has reportedly begun to show up in U.S. government employment data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
