Job cuts

Now you see it, now you don’t: Why data can’t capture the AI revolution

Nobel prize winner Michael Spence says that when something revolutionary like AI arrives, people tend to overestimate its impact in the short run and underestimate it in the long run.

How one tech company created 13 new types of jobs because of AI

Aaron Levie, the chief executive of Box, expects to have more employees, not fewer, as it hires artificial intelligence architects, AI solutions managers and other new AI-related positions.

Commentary

Retrenchments: Why early disclosure may do more harm than good

Investors value Singapore’s labour market flexibility; it is part of what keeps investment here and sustains good jobs, says the writer.

OpenAI’s Sam Altman says AI unlikely to lead to ‘jobs apocalypse’

OpenAI CEO Sam Altman said AI had not claimed as many white-collar jobs as he had feared.

Top Australia bank CEO says AI will mean smaller teams, no use ‘pretending otherwise’

CBA is Australia’s largest lender and employs more than 50,000 people.

Forum: Demeaning comments on employees reflect badly on companies

America, home of AI, counts its winners, frets about its losers

Rising corporate earnings and “reduced headcount” from AI adoption will not benefit everyone, says the writer.

Fresh grads need to build at least two years of internship experience, soft skills in AI economy

The panel discussion on the future of work in an AI-powered world was moderated by Yvonne Lim, cluster director for Asia Tech x Programme Office and Digital Industry Singapore at Infocomm Media Development Authority. Panellists include Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow, Singapore Management University's president Professor Lily Kong, Singtel Singapore's chief executive Ng Tian Chong.

Tax software firm Intuit to cut 17% of workforce or nearly 3,000 jobs as focus shifts to AI

Investor worries over AI’s potential to disrupt Intuit’s tax software business have sent its shares down 42 per cent in 2026.

StanChart CEO reassures staff after backlash over ‘lower-value human’ remark

Mr Bill Winters' remarks drew sharp condemnation on social media.

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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.