Archives for Layoffs by IT companies
Layoff has always been the first step companies take in order to cut down cost amid an economic turmoil. And this COVID-19 pandemic has made millions of people unemployed, including data scientists and analytics professionals. Keeping business sustainable is a critical priority for any company right now, and in order to keep their finances stable…
The post Can COVID-19 Layoff Turn Out To Be A Blessing In Disguise For Data Scientists appeared first on Analytics India Magazine.
Layoff has always been the first step companies take in order to cut down cost amid an economic turmoil. And this COVID-19 pandemic has made millions of people unemployed, including data scientists and analytics professionals. Keeping business sustainable is a critical priority for any company right now, and in order to keep their finances stable…
The post Can COVID-19 Layoff Turn Out To Be A Blessing In Disguise For Data Scientists appeared first on Analytics India Magazine.
The pandemic outbreak, along with the halt in business continuity, has also brought in a drastic rise in unexpected layoffs where companies, even from the analytics industry, are letting their employees go, in order to keep their finances stable. Many analytics companies, such as DataRobot, Mixpanel, Kabbage have made headlines by laying off their employees…
The post How Analytics Companies Can Encourage Their Surviving Employees After A Downsize appeared first on Analytics India Magazine.
With the advancements in the field of artificial intelligence, many sectors have been in fear of losing human employees over this advanced technology. And with the rise of machines amid this crisis for business continuity, the fear has started looming in the journalism industry where media houses are publishing automated news for their publications. In…
The post Microsoft Replaces Journalists With AI. Can We Rely On AI For News? appeared first on Analytics India Magazine.
As the pandemic outbreak is spreading, the impact on businesses is increasing; a growing number of companies are looking to stabilise their finances and operations to survive this uncertain time. And a fundamental way of balancing the finances for companies has been laying off employees in order to cut down business costs. In fact, according…
The post 6 Ways Analytics Companies Can Avoid Layoffs Amid COVID-19 appeared first on Analytics India Magazine.
Several organisations have faced struggles doing business during this COVID-19 lockdown. Kabbage, a fintech startup focusing on SMEs, has been one such company which has laid off a significant number of their employees last month and has also closed down its India operations in the light of COVID-19 pandemic. According to a memo distributed by…
The post 20% Of Ex-Employees Of Kabbage India Land A Job Within 4 Weeks Of Layoff appeared first on Analytics India Magazine.
PayPal has recently announced their pledge of not laying off any employees due to the coronavirus pandemic. Joining the fight against coronavirus, CEO Dan Schulman said that the company, in an effort not to be a part of the recession chaos, announced to not layoff any employees amid the pandemic. Schulman said to the media…
The post Joining The Fight, PayPal To Take A No Coronavirus Layoffs Pledge appeared first on Analytics India Magazine.
According to a recent report by the Labour Department, approximately 3.3 million people filed for unemployment benefits for the week ending March 21. This is a record-breaking increase from the previous figures and is also the highest level of claims in recorded history. With the increasing fear of job losses looming amid COVID-19 pandemic, all…
The post All The Tech Companies That Have Pledged No Layoffs appeared first on Analytics India Magazine.
“In technology, it is about the people getting the best people, retaining them, nurturing a creative environment and helping to find a way to innovate,” says Marissa Mayer former CEO of Yahoo. Today, in this ever-changing technology landscape, this adage is far more relevant for organisations than ever before as firms prefer layoffs instead of…
The post Why Tech Firms Need To Reskill Employees Instead Of Layoffs To Drive Growth appeared first on Analytics India Magazine.
With artificial intelligence technologies being adopted around the globe, theorists have pointed out that it will also kill many jobs which are currently being done by humans. The emerging technology will eventually replace most of the jobs which include “repetitive” and “manual” tasks. In this article, we will look into the other job profiles which…
The post AI May Kill These 5 Jobs By 2030, Say Experts appeared first on Analytics India Magazine.