Job cuts

A once wary Hollywood slowly warms to artificial intelligence

Netflix acquired a start-up co-founded by actor Ben Affleck as it pivots towards the use of AI in its productions.

GovTech restructuring signals shift towards technical, outcome-driven roles: Experts

GovTech has retrenched 93 staff and expects a total of 7 per cent to 9 per cent of roles in its workforce to be affected by restructuring over the next two years.

GovTech retrenches 93 staff; 7% to 9% of roles to be affected by restructuring in next 2 years

The restructuring is meant to take GovTech from managing projects delivered by vendors to running tech products itself, said its chair Chng Kai Fong.

Volkswagen confirms weighing up to 50,000 more job cuts

The German car titan has come under intense pressure from US tariffs, slimmer profit margins on electric cars and, above all, intense competition in key market China.

US acting spy chief announces new round of staff reductions

Acting Director of National Intelligence Bill Pulte, an ally of Donald Trump, has no prior national security experience.

KPMG UK to slash 200 back office roles in latest round of cuts

A person familiar with the situation said the cuts were part of the ongoing integration between KPMG’s UK and Switzerland arms, which merged in 2024.

AI could affect millions in South-east Asia as ILO sees no big job cuts

While generative AI can boost productivity for individual tasks, these gains have not yet translated into measurable changes in productivity and employment.

Volkswagen to slash up to half its models as carmaker tries to tackle a historic crisis

Volkswagen did not comment on what sources have said about up to 100,000 job cuts and factory closures, which drew massive worker protests across company sites on July 9.

AI is reshaping the economy, but good luck measuring how

AI might be contributing to the US inflation problem, or be part of the solution to it.

How to stop AI from becoming the enemy of younger workers

Young people in South Korea were struggling in the labour market even before ChatGPT’s release in late 2022.

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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.