Personnel
FedEx has started delivering ‘promotion-ready’ AI training to over 400,000 workers
For the close to half-a-million workers at FedEx, a major AI journey is underway. The logistics giant is in the midst of a widespread AI literacy initiative that it says will make employees more knowledgeable, efficient and promotion-ready. Launched in early December in partnership with tech consulting firm Accenture, the enterprise-wide education program is also meant to spark innovation […]
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Fed Governor Waller urges caution for now, says rate cuts possible later in the year
Key Points Federal Reserve Governor Christopher Waller on Friday expressed caution about current conditions but still sees the opportunity for interest rate cuts as the year goes on. In a CNBC interview, the policymaker said “if things go reasonably well and the labor market continues to be weak, I would start advocating again for cutting […]
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Who’s most optimistic about AI — and who isn’t, according to Anthropic
Samuel Boivin | Nurphoto | Getty Images People in Sub-Saharan Africa and Asia are more optimistic about artificial intelligence than those in Western Europe and North America, according to a report by Anthropic that surveyed around 81,000 people in 159 countries. The study, published Wednesday, revealed how economic gains from AI usage formed the main […]
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Nvidia’s Huang pitches AI tokens on top of salary as agents reshape how humans work
Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty Images The perks of working in Silicon Valley have long included high salaries. Now, some engineers may be offered a new incentive: artificial intelligence tokens. Nvidia CEO Jensen […]
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How to play the AI-driven ‘blue-collar renaissance’
As artificial intelligence fears grip the white-collar world , Oppenheimer believes that the technology may ignite a “blue-collar renaissance” by driving up demand for the power and machines that will fuel the new technology. Concerns over AI disruption have gripped markets this year, leading to growing concerns about unemployment. Software, in particular, is an industry […]
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Crypto.com lays off 12% of workforce in latest company to cite AI in job cuts
Omar Marques | Lightrocket | Getty Images Cryptocurrency trading platform Crypto.com announced Thursday that it is laying off 12% of its staff as the company integrates artificial intelligence. “We are joining the list of companies integrating enterprise-wide AI. Companies that do not make this pivot immediately will fail,” CEO Kris Marszalek posted on X. “As […]
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How the red-hot AI data center boom is igniting demand for a new, lucrative career path: trade workers
Demand for new AI data centers is surging, but they can’t build themselves. Big Tech is funneling billions into building out these specialized facilities, with the four hyperscalers, Alphabet, Microsoft, Meta, and Amazon, committing nearly $700 billion in combined capex spending this year to fund these developments. Amazon said last month that it’s committing $12 […]
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Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending
Arda Kucukkaya | Anadolu | Getty Images Meta stock was on the up before U.S. markets opened on Thursday following reports the company is planning to lay off over 20% of its workforce to balance its staggering AI spending plans this year. While the timing and details of the cuts had not been finalized, top […]
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AI agents could easily send college grad unemployment over 30%, ServiceNow CEO says
Artificial intelligence adoption could lead to significant job struggles for entry-level workers as companies boost productivity, according to ServiceNow CEO Bill McDermott. McDermott told “Squawk on the Street” on Friday that unemployment for new college graduates “could easily go into the mid-30s in the next couple of years.” “So much of the work is going […]
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U.S. companies should give Trump tariff refunds to workers as bonuses or raises: Greer
Jamieson Greer, US trade representative, during a Bloomberg Television interview outside the White House in Washington, DC, US, on Friday, Dec. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images “The whole reason the president imposed these tariffs was to try to reshore, affect our massive imbalance in trade that we’ve experienced over many years […]
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