News
Volkswagen board to consider proposal for up to 100, 000 job cuts on July 9
9+ hour, 27+ min ago (397+ words) Volkswagen's Supervisory Board is set to review a sweeping restructuring proposal on July 9, with reports indicating the plan could include up to 100, 000 job cuts, plant closures and a major strategic reset. Volkswagen is preparing for one of the most closely…...
Workplace fragmentation hampers AI adoption as Philippine firms struggle with digital transformation
10+ hour, 26+ min ago (303+ words) The Philippines' push toward artificial intelligence (AI) adoption is being held back by fragmented workplace systems, unclear AI strategies, and insufficient employee training, according to a new study by Lark Technologies. The report, The Paradox of Progress " Why a Broken…...
Philippine firms struggle to move from AI access to adoption despite digital readiness
10+ hour, 40+ min ago (325+ words) Artificial intelligence (AI) is becoming more accessible to businesses in the Philippines, but most companies are still struggling to adopt the technology due to infrastructure gaps, limited funding, skills shortages, and governance challenges, according to new findings from the Philippine…...
Microsoft unveils $2. 5 billion AI business after latest round of layoffs
13+ hour, 19+ min ago (507+ words) Microsoft has announced the launch of Microsoft Frontier Company, a new AI engineering organisation backed by a $2. 5 billion investment, as the company accelerates enterprise AI adoption while simultaneously moving ahead with its latest workforce reduction. The announcement follows a Business…...
Starting July 6, Tesla limits employee AI tool spending to $200 a week
13+ hour, 8+ min ago (324+ words) Tesla will cap employee spending on artificial intelligence tools at $200 per week from July 6, according to The Information, which cited an internal company memo sent to employees last month. The move comes as the company seeks to balance growing adoption…...
Accenture appoints Dr. David R. Hardoon as Managing Director & Head of Advanced AI, Southeast Asia
1+ day, 11+ hour ago (272+ words) Accenture has appointed Dr. David R. Hardoon as Managing Director & Head, Advanced AI, Southeast Asia, strengthening its regional artificial intelligence leadership as enterprises accelerate the adoption of generative and agentic AI technologies. Based in Singapore, Hardoon assumed the role in June…...
Vietnam rolls out baby incentives after ending two-child policy
1+ day, 8+ hour ago (648+ words) The reforms reflect concerns that Vietnam could age before becoming a high-income economy, threatening future growth and labour supply. Vietnam has introduced a package of incentives aimed at encouraging families to have more children, just a year after scrapping its…...
Tik Tok confirms Indonesia layoffs as global restructuring continues
1+ day, 9+ hour ago (249+ words) Tik Tok has confirmed that it has laid off employees in Indonesia as part of an organisational restructuring, although the company has not disclosed the number of affected staff or the business units involved, as per media reports. The confirmation…...
AI readiness starts with people: Why Cycle & Carriage Singapore is prioritising curiosity over compliance
1+ day, 12+ hour ago (793+ words) The AI adoption conversation in organisations is often centred on tools, platforms and use cases. Yet access to technology alone does not guarantee impact. According to Research, 39% of workers' core skills are expected to change by 2030, highlighting that the challenge…...
After cutting 21, 000 jobs, Oracle says AI's biggest challenge isn't people anymore
1+ day, 13+ hour ago (570+ words) Oracle's AI strategy has entered a new phase. After reducing its global workforce by around 21, 000 employees during fiscal 2026, with AI adoption cited as one of the factors behind the restructuring, the technology giant is now warning investors that the biggest…...