Faraday Future lays off part of its workforce, cuts wages of the rest

[unable to retrieve full-text content] Filed under: Green,Electric,Future EV automakers’ contractors are looking to be paid Continue reading Faraday Future lays off part of its workforce, cuts wages of the rest Faraday Future lays off part of its workforce, cuts wages of the rest originally appeared on Autoblog on Mon, 22 Oct 2018 18:13:00 EDT. […]

White Collar, Pink Slip: There’s Pain Coming to Ford’s Workforce

Streamlining rarely comes without a reduction in personnel, and it appears Ford’s $ 11 billion restructuring plan will indeed bring about a loss of employees in North America. While the automaker previously hinted at steep job losses in its troubled European operation, a recent report shows employees need to be worried on several continents. According […]

Higher Education Needs a Rethink to Train Tomorrow's Workforce

Anant Agarwal is a professor at the Massachusetts Institute of Technology and the CEO of edX, the online learning destination founded by Harvard and MIT. The ways in which the nature of work is changing beyond our control necessitate a more flexible education system, with “students” no longer being defined just as 18-to-22-year-olds on college […]

Why certain graduates from Ivy League schools are struggling in the workforce

Strelka Institute for Media, Architecture and Design/flickr Students coming from low-income families make up 15% of the top college enrollments in America. While certain organizations provide financial aid and career guidance during college, more needs to be done to help students make the socioeconomic shift once they have graduated. Many feel intense pressure to succeed, […]

Walmart’s Future Workforce: Robots and Freelancers

Over the past few weeks, Walmart executives have sketched a picture of the company’s future that features more self-checkouts and a grocery-delivery business—soon escalating to 100 cities from a pilot program in six cities. Personal shoppers will fill plastic totes with avocados and paper towels from Walmart store shelves, and hand off packages to crowdsourced […]

Korean Over-60s Dominate Millennials in the Workforce

Governments from Western Europe to Japan are facing challenges as aging populations trigger labor shortages and increasingly onerous social welfare liabilities. But nowhere is the issue as grim as in South Korea, where unparalleled levels of elderly poverty are forcing many pensioners into menial jobs to make ends meet. According to government statistics that highlight […]

AR firm Avegant cuts half its workforce and picks new CEO

Avegant has drawn a lot of attention in the wearable world between its Glyph personal screen and its light-field augmented reality headset, but it’s facing uncertain times. The Verge has learned that the startup cut more than half of its workforce (it’s now down to “fewer than 20” workers) and has replaced CEO Joerg Tewes […]

Workforce programs will need to be overhauled in the age of artificial intelligence

Not all researchers agree that artificial intelligence is as an important of a development as electricity or fire, or that hundreds of millions of jobs will be automated in the next decade. But, it is clear that an increasing array of skills will soon be completed by machines. And workers need to be prepared for […]

Germany needs a game plan to effectively prepare its workforce for AI

GUEST: In late 2016, the White House published a report titled Artificial Intelligence, Automation, and the Economy. It’s a solid work of research and forecasting that proposes equally solid policy recommendations. Here’s part of the framing, from the report’s intro: AI-driven automation will continue to create wealth and expand the American economy in the coming years, […]

How Hilton is Helping Service Members Re-Enter the Civilian Workforce

Hilton Helps Service Members Re-Enter Civilian Workforce Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all […]