Search results for Reskilling
AI & Enterprise
Reskilling rather than layoffs: Companies\' employment changes after AI adoption draw attention
A survey found that as AI adoption spreads, companies tend to retrain existing employees or hire workers needed to use AI rather than conduct mass layoffs. The New York Fed surveyed firms in New York and northern New Jersey. Over the past six months, 4 percent of service firms using AI said they laid off staff because of AI, while manufacturing reported no AI-related layoffs. Training and limited investment were common.
AI & Enterprise
IBM partners with OpenAI to expand enterprise AI business
IBM is expanding its enterprise AI business through a partnership with OpenAI to provide OpenAI models and tools to corporate customers. Financial terms were not disclosed. The companies plan to jointly market AI products and develop industry-specific solutions focused on financial services, government, telecommunications and retail. IBM will create a dedicated OpenAI unit within IBM Consulting and train and certify tens of thousands of consultants. It will also integrate OpenAI models into its IBM Consulting Advantage platform.
AI & Enterprise
Worksphear shares directions for youth employment market shifts in AX era at national AI strategy committee forum
Worksphear took part in a relay forum hosted by the National Artificial Intelligence Strategy Committee and shared how the youth job market is changing in the AX era and what policy responses are needed. Its HR chief presented an assessment based on hiring data, pointing to rising applicant density and lower document-pass rates. He said mismatches were the core issue. Worksphear data also showed AI-related job postings rose 112 percent over five years.