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Job cuts

In Your Opinion Podcast

Gen AI won’t take your job away. Here’s why

Adapting to the rapid rise of AI agents might seem daunting, but consider why older workers with deep domain expertise actually hold a unique advantage in this new technological era.
Adapting to the rapid rise of AI agents might seem daunting, but consider why older workers with deep domain expertise actually hold a unique advantage in this new technological era.

Oracle plans thousands of job cuts in face of AI cash crunch

Oracle is embarking on a historic build-out of data centres to power AI workloads for customers such as OpenAI.
Oracle is embarking on a historic build-out of data centres to power AI workloads for customers such as OpenAI.

US banking giant Morgan Stanley lays off 2,500 employees, source says

Morgan Stanley reported a banner year in 2025, with annual revenue hitting a record at the investment banking giant.
Morgan Stanley reported a banner year in 2025, with annual revenue hitting a record at the investment banking giant.

AI may be creating instead of destroying jobs for now, European Central Bank blog argues

ECB’s Survey on the Access to Finance of Enterprises found that companies making significant use of AI are more likely to take on additional staff in the near term.
ECB’s Survey on the Access to Finance of Enterprises found that companies making significant use of AI are more likely to take on additional staff in the near term.

Jack Dorsey’s job cuts at Block arouse suspicions of AI-washing

Block’s recent history suggests that AI adoption is not the only factor influencing its staffing decisions.
Block’s recent history suggests that AI adoption is not the only factor influencing its staffing decisions.

Jack Dorsey’s Block slashes 4,000 jobs or nearly half its staff in AI push

Block has invested heavily in AI tools to run more efficiently, including building its own tool called Goose.
Block has invested heavily in AI tools to run more efficiently, including building its own tool called Goose.

PM Wong assures Singaporeans that there will be no jobless growth amid AI push

MPs had raised concerns on greater AI use during the Budget debate.
MPs had raised concerns on greater AI use during the Budget debate.

WiseTech to cut 2,000 jobs or 30% of workforce in shift to AI, says ‘era of writing code is over’

The cuts are the largest in Australia attributable to AI, which is displacing humans at companies including Commonwealth Bank of Australia. 
The cuts are the largest in Australia attributable to AI, which is displacing humans at companies including Commonwealth Bank of Australia. 

Global summit calls for ‘secure, trustworthy and robust AI’

Addverb Technologies' Trakr quadruped robot at the AI Impact Summit in New Delhi.
Addverb Technologies' Trakr quadruped robot at the AI Impact Summit in New Delhi.

Struggling brewer Heineken to cut up to 6,000 jobs

The world's second-biggest brewer, Heineken, said overall beer volumes were down 2.4 per cent in 2025.
The world's second-biggest brewer, Heineken, said overall beer volumes were down 2.4 per cent in 2025.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.