Redundancies stories

Senior managers lag executives on AI plans, with 63% of leaders expecting redundancies within six months, Orgvue research finds.

Scale By Avec urges firms to rethink hiring in AI era, backing training, human skills and entry-level pathways over headcount cuts.

Firms are freezing hiring on the promise of AI gains, despite scant proof of returns and patchy training in how to use the technology.

UK scale-up founders warn staff lack AI skills, with most slowing hiring and a third expecting job cuts within a year, Helm survey finds.

Salesforce denies axing 4,000 jobs for AI as critics question Agentforce reliability and the need for hard-coded fallbacks in workflows.

European banks expect AI to shrink staff only slightly, with most projected job losses coming through routine attrition, not mass cuts.

Gartner warns CHROs must confront nine AI-driven work trends by 2026, from layoffs and culture clashes to digital twins and 'workslop'.

Google has invested in Emergent, giving the AI start-up early access to Gemini 3 to help millions of non-coders build production software.

New research reveals 39% of UK firms made AI-driven redundancies, with over half now regretting these decisions amid workforce and productivity concerns.

A study reveals 86% of Professional Services firms find mergers slow due to outdated finance systems, urging tech upgrades for smoother integration and growth.

A Dojo report reveals that despite financial pressures, 79% of UK tech SMEs expect revenue and profit growth in 2024, backed by average borrowing of GBP £95,000.

Onyxia Cyber launches AI-driven predictive cybersecurity engine, OnyxAI, offering advanced security analysis and proactive risk management for chief information security officers.

Despite 82% of businesses aggressively investing in AI, half remain unsure about its real business impact and integration roadmap, according to a report by Orgvue.

UK workers' confidence in business growth dampened by cost of living pressures, with 72% optimistic for 2024, compared to 89% of employers.

The UK job market faced a slump in late 2023 amid economic unrest, leading to a reduced number of vacancies but an increased demand for skilled labour, says the latest KPMG and REC report.

Vodafone has offered the bulk of its staff voluntary redundancy with rumours saying it aims to drop as many as 400 of its 2700 employees.