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Top professions for ChatGPT experts! (Bloomberg) AI 

Highly Paid Positions for ChatGPT Professionals – Checklist

Febin Mathew, , ,

Discover the top professions in which you might be interested in pursuing with ChatGPT! As an expert in artificial intelligence and natural language processing (NLP), you can apply for various professions that open doors to high-paying jobs. Top companies like Google pay up to $335,000 a year for a fast engineer. Check out some of the careers you might be interested in as a ChatGPT expert A fast engineer It is work that involves analyzing and improving the performance of artificial intelligence systems to improve accurate and engaging responses. Marketing…

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Amazon, Google and Microsoft are just some of those cutting jobs. News 

2023’s Major Tech Industry Job Cuts

Jim Hendler, , , , , , , ,

The tech industry is facing significant challenges due to a struggling economy, the ongoing COVID-19 pandemic, and notable business mistakes. As a result, job cuts were observed in 2022, but unfortunately, the number of layoffs has increased in 2023. Keeping track of these developments can be challenging, so we have gathered all the major layoffs in one comprehensive report, which will be regularly updated as the situation progresses. June Spotify layoffs Spotify continued its January layoff plans and announced in June that it would cut 200 jobs from its podcast…

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The app will soon accept online SNAP and EBT payments for some grocery orders. News 

DoorDash to Introduce Hourly Wage for Delivery Drivers

Nitin Misra,

As part of its platform modifications, DoorDash has announced that it will provide couriers with a guaranteed hourly rate for their “active delivery time.” This rate will be offered alongside tips, with couriers retaining the entirety of the tips given by customers. The earn-by-time option sits alongside the current model where Dashers get paid for every order they complete. Currently, they receive a base fee that depends on the estimated duration, distance and “desirability” of the order, plus tips and possibly promotional fees. Couriers can choose whether they want to…

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"The volatility and layoffs of the past year rocked that image of stability and growth,” Cruzvergara said. (REUTERS) News 

Opportunity for Job Seekers: Google, Microsoft, Amazon and Meta Layoffs Create Openings in Other Sectors

Jim Hendler

The recent wave of mass layoffs at tech giants such as Google, Microsoft, Amazon, and Meta has taken many workers by surprise, especially those who had never witnessed such upheaval in the industry before. Now they’re courted by long-established employers whose names aren’t typically synonymous with tech jobs, including hotel chains, retailers, investment firms, railroads and even the Internal Revenue Service. All of these industries have announced on recruiting platforms that they are still hiring software engineers, data scientists, and cybersecurity experts despite the Big Tech layoffs. It offers them…

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Google said in December that it will merge Waze and Google Maps teams to consolidate processes, making it a part of the Google Geo division News 

Google Reduces Involvement in Mapping App Waze with Product Consolidation

Adriana Marais,

According to an email from the head of the mapping division, CNBC reported on Tuesday that Alphabet, the parent company of Google, is reducing employment at Waze, a mapping app, as it combines the unit with its own map products. Google announced in December that it would merge the Waze and Google Maps teams to consolidate processes, making it part of the Google Geo division, its real-world mapping products that include Google Maps, Google Earth and Street View. The company is changing its Waze strategy to include Google ads instead…

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FILE PHOTO: Artificial Intelligence words are seen in this illustration taken March 31, 2023. (REUTERS) AI 

Increase in Generative AI Job Postings in the US in May Revealed by Data

Febin Mathew,

According to data from job portal Indeed, there was a 20% increase in job postings related to Generative AI in the United States last month. This surge in job postings is due to companies seeking to utilize a technology that has been widely recognized as the next major growth driver. May’s figure of 204 million per job posting was also more than double the 2021 level and underscored the buzz around AI fueled by the runaway success of OpenAI’s ChatGPT. Data scientist roles accounted for 5% of Indeed U.S. –…

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Uber Technologies said on Wednesday it was cutting 200 jobs in its recruitment division amid plans to keep the staff count flat through the year and streamline costs. News 

Uber to Cut 200 Jobs in Recruitment Department

Jim Hendler, ,

Uber Technologies announced on Wednesday that it would be reducing its recruitment division workforce by 200 employees as part of its efforts to maintain a consistent staff count throughout the year and optimize expenses. The cuts affect less than 1 percent of Uber’s 32,700 employees worldwide and come as the ride-hailing company laid off 150 workers in its cargo services division earlier this year. The latest cuts cover 35 percent of Uber’s recruiting team, according to the Wall Street Journal, which first reported the development earlier in the day. Uber…

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AI job interviews could soon be a reality, according to a recent survey. (Unsplash) AI 

Exploring the Possibilities of AI Chatbots in Job Interviews

Febin Mathew, ,

The topic of artificial intelligence (AI) is currently a subject of much discussion and controversy. Although we are seeing its implementation in our daily routines, there are ongoing debates regarding its advantages and disadvantages. Recently, AI has been utilized for designing rooms, editing images, and even creating exams. Job seekers are also utilizing these tools to enhance their resumes, and it is possible that AI chatbots may soon conduct job interviews. AI interviews – A reality soon? According to a ZDNet report, employers may soon be using artificial intelligence on…

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Artificial intelligence (AI)-based technologies will take away nearly 8 lakh jobs, or 25 per cent of the total workforce in Hong Kong by 2028, a study has forecast. AI 

Report Predicts 8 Lakh Jobs In Hong Kong Will Be Replaced By AI By 2028

Febin Mathew, , ,

According to a study, Hong Kong’s workforce will experience a loss of approximately 800,000 jobs, which accounts for 25% of the total workforce, due to the implementation of artificial intelligence (AI) technologies by 2028. According to a report by IT recruitment company Venturenix, data entry clerks, administrative staff and customer service representatives are most affected by artificial intelligence. The report also highlighted the impact of artificial intelligence on different industries, such as lawyers and translators. “As AI applications penetrate multiple industries, it will even affect traditional high-paying professions such as…

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The tech company is grappling with reduced demand. News 

Sonos reduces staff by 7 percent

Jim Hendler, ,

Sonos, the popular smart speaker brand, has announced that it will be reducing its workforce by 7%, which equates to approximately 130 jobs. The company has also stated that it will be reevaluating its spending on certain programs and reducing its “real estate footprint.” The cost of these changes is estimated to be between $11 million and $14 million, with up to $11 million being allocated to severance and benefits. Sonos is the latest major tech company to implement staff layoffs. In a statement to ReturnByte, Sonos CEO Patrick Spence…

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Google’s chief people officer, Fiona Cicconi, wrote an email to employees recently which included doubling down on office attendance. News 

Google Requires Employees to Work In Office For Three Days Per Week

Adriana Marais,

Google, the tech giant, has updated its hybrid work policy, mandating that workers must be present in the office for a minimum of three days per week. As per a recent report, Google will keep track of employee attendance and take corrective measures against those who fail to comply with the new regulations. A CNBC report revealed that most workers are expected to be in physical offices at least three days a week. Google’s HR chief Fiona Cicconi recently wrote an email to employees that included doubling down on office…

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It's the latest food delivery service to announce layoffs. News 

Grubhub announces job cuts of 15 percent of its workforce

Jim Hendler, , ,

This year has seen a wave of layoffs in the technology industry, and GrubHub is the latest to join the trend. The company’s CEO, Howard Migdal, revealed that approximately 400 employees, which is equivalent to 15 percent of its corporate workforce, will be laid off. The move is aimed at keeping Grubhub “competitive” in the market. He said, “Over the past few months, I met with Grubhub teams to learn about the business from the ground up; I spoke with restaurants and diners to understand their needs — and challenges…

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As many as 1000 people could lose their jobs as part of its latest cost-cutting drive. (Bloomberg) News 

Byju’s to Cut Staff as Cash Flow Tightens

Adarsh V.K, ,

Byju’s, the biggest ed-tech firm in India, is reportedly planning to terminate the employment of 1000 individuals, following a previous layoff of 5000 employees just six months ago. The Morning Context, as cited by the Economic Times, revealed that Byju’s has 280 tuition centers nationwide, and its marketing managers have been instructed to release two individuals each from sales and marketing. Additionally, approximately 150 marketing managers are anticipated to be let go, as the company aims to reduce expenses and streamline its operations. The news comes after the ed-tech startup…

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It's also slowing down its hiring plans, according to 'The Wall Street Journal.' News 

Reddit to Lay Off 5% of Employees

Adriana Marais, , ,

As part of its restructuring, Reddit plans to lay off 90 employees, which accounts for approximately 5% of its current workforce of 2,000 employees, according to an email from company chief Steve Huffman as reported by The Wall Street Journal. In addition, Reddit is slowing hiring this year, reducing the hiring of new employees to 100 from the 300 it originally planned. Apparently, the social network wants to focus on achieving its biggest goals, like breaking even next year. Huffman reportedly wrote in an email that Reddit has had “a…

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Tech companies including Meta Platforms have been slashing jobs after aggressively hiring during the pandemic News 

Reddit to Reduce Staff by Approximately 5 Percent

Adarsh V.K, , ,

On Tuesday, Reddit announced that it will be reducing its workforce by approximately 5%, which equates to 90 employees. This move puts Reddit in line with other technology companies that have been downsizing their staff in the corporate sector. Tech companies including Meta Platforms have cut jobs during the pandemic after aggressive hiring as the industry braces for an economic downturn. Facebook owner Meta cut jobs in its business and operations units last month as it implemented the latest in a trio of layoffs, the first of which it announced…

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She also advocated for governments to bolster "social safety nets" for workers affected by the adoption of AI AI 

IMF Chief Economist Gita Gopinath Warns of Potential Job Market Disruptions from AI

Febin Mathew, , , ,

According to the Financial Times, Gita Gopinath, the First Deputy Managing Director of the IMF, has cautioned about the significant disturbances that could arise in labour markets due to generative artificial intelligence. She has urged policymakers to promptly establish regulations to manage this technology. “We need governments, we need institutions, we need decision-makers to act quickly on all fronts, in terms of regulation, but also in preparing for possible major disruptions in the labor market,” Gopinath said in an interview with the Financial Times. It also urged governments to strengthen…

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Amazon, Google and Microsoft are just some of those cutting jobs. News 

2023’s Major Tech Company Layoffs

Nitin Misra, , , , , , , ,

The tech sector is facing a challenging time due to the convergence of a struggling economy, the COVID-19 outbreak, and some apparent business errors. Unfortunately, the number of job losses has increased in 2023, following the cuts made in the previous year. Keeping track of these developments can be difficult, but we have collated all the significant layoffs in a single location and will keep updating this article as the situation progresses. June Spotify hairstyles Spotify continued its layoff plans in January and announced in June that it would cut…

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The streaming giant is also combining Gimlet and Parcast into one team. News 

Spotify to Cut 200 Jobs in Podcast Division

Febin Mathew, , ,

Spotify is set to continue its layoffs in 2021, with the announcement that it will be cutting 200 jobs in its podcast division. This represents approximately 2% of the company’s workforce and is part of a “strategic realignment.” Spotify is shifting towards a more customized approach that maximizes resources for individual podcast creators and their shows, which it believes necessitates a more streamlined team. The new strategy would also include Spotify merging its Gimlet and Parcast production houses into an updated Spotify Studios unit. They continue to produce well-known originals…

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ChatGPT plugin can help you in your quest for the job of your dreams. (Unsplash) AI 

ChatGPT Ambition Plugin Helps You Secure Your Desired Salary in Job Search

Febin Mathew, , ,

Are you currently in search of a new job or interested in exploring exciting career prospects? If you’re spending a significant amount of time and effort on job search portals, it’s time to stop. Instead, let artificial intelligence (AI) take over the task of finding your ideal job and high-paying salary. The ChatGPT Ambition Plugin is a robust tool that can help you locate relevant job opportunities and provide valuable insights to simplify your job search process. Learn more about how this plugin can assist you in achieving your dream…

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Sam Altman said in Paris that AI would not -- as some have warned -- wipe out whole sectors of the workforce through automation News 

OpenAI chief Sam Altman is trying to calm fears about job losses

Febin Mathew, , ,

The boss of OpenAI, the company behind the massively popular ChatGPT bot, said on Friday that his company’s technology would not destroy the job market as he sought to calm fears about the march of artificial intelligence (AI). Sam Altman, on a global tour to woo national leaders and power brokers, said in Paris that AI would not — as some have warned — wipe out entire sectors of the workforce through automation. “This idea of AI advancing to the point where humans have no work to do or no…

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