jobs

Volkswagen Agrees Deal with Unions to Cut 30,000 Jobs

* VW seeks 3.7 bln euros in annual savings by 2020 * Labour groups agree cuts in exchange for investments * VW to create 9,000 jobs in electric cars * Remaining German workers told no forced redundancies before 2025 (Adds analyst comments, detail and background) By Andreas Cremer and Jan Schwartz WOLFSBURG, Germany, Nov 18

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Investors See Artificial Intelligence Destroying Millions of Jobs: Poll

LISBON, Nov 10 – Investors believe it is “inevitable” that artificial intelligence will destroy millions of jobs and that governments are unprepared for such an impact, according to a survey published on Thursday. Artificial intelligence (AI), or the process by which computers or robots take on tasks that need human intelligence, is one of the

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Microsoft to Cut 1,850 Jobs at Struggling Smartphone Unit

By Jussi Rosendahl and Tuomas Forsell HELSINKI/SAN FRANCISCO, May 25 – Microsoft Corp announced more big cuts to its smartphone business on Wednesday, just two years after it bought handset maker Nokia in an ill-fated attempt to take on market leaders Apple Inc and Samsung Electronics Co Ltd. In a move that clearly puts the

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