The tech industry is going through a purge.
KPMG is shrinking its New York footprint by 40% and betting on design—not mandates—to bring employees back to the office.
Bank of America found a 1.6% annual decline in the number of households making monthly payments in September.
The hiccup capped a series of communications mishaps that irked employees as the troubled retailer rolled out its first major restructuring in nearly a decade.
The Hollywood model of work is a refreshing alternative to the rigid structures of the industrial era.
Companies are pointing to factors like tariff costs, shifts in consumer spending, and investments in AI that have led them to let go of thousands.
While AI note-taking saves workers hours each week and drives faster promotions, the same young employees worry that their dependence on the tech could one day make them obsolete.
Economist John Maynard Keynes predicted technology would one day free humanity from a life of leisure. Nearly a century later, AI might finally fulfill that prophecy—if we resist the temptation to waste the hours it gives us back.
If you want people to adopt AI, you must change the systems that guide them.
The policy may lead to high-performer flight and unhappy workers, experts say.
