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Newsweek News source @newsweek.com · New York 🇺🇸· 2w

#SocialSecurity #CustomerService #WorkforceReduction

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Social Security warning issued over "drastic" change impacting millions
A group of Democratic senators led by Senator Elizabeth Warren has issued a warning to the Social Security Administration, arguing that new staff reassignments and workforce reductions are pushing the agency's customer service system into crisis.
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CNBC News source @cnbc.com · New Jersey 🇺🇸· 4w

#ArtificialIntelligence #WorkforceReduction #Fintech

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Jack Dorsey made the loudest case yet that AI is already replacing jobs
The stock rose sharply on the announcement, but some skeptics remain, with analysts at Piper Sandler reiterating their sell rating on the shares.
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Forbes News source @forbes.com · Jersey City, New Jersey 🇯🇪· 4w

#AI #WorkforceReduction #TechIndustry

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Jack Dorsey Cut 4,000 Jobs For AI And Wall Street Added $8 Billion
Jack Dorsey announced Thursday that Block -- the company behind Square, Cash App, and Afterpay -- is cutting more than 4,000 employees, nearly half its workforce.
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AP NEWS News source @apnews.com · New York City 🇺🇸· Feb 6

#FEMA #DisasterResponse #WorkforceReduction

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FEMA will resume staff reductions that were paused during winter storm, managers say
The Federal Emergency Management Agency will resume staff cuts that were briefly paused during January's severe winter storm, according to two FEMA managers, stoking concern across the agency over its ability to address disasters with fewer workers.
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Business Insider News source @businessinsider.com · New York City 🇺🇸· Jan 28

#Amazon #AI #WorkforceReduction

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Amazon cloud VP tells staff to 'use technology to simplify work' in email addressing layoffs
Amazon CEO Andy Jassy previously said AI will ultimately reduce the company's workforce. Amazon cut 16,000 more corporate jobs on Wednesday, and leadership wants the remaining staff to become even more efficient through technology.