These are the top 5 companies to work for in India, says LinkedIn

These are the 2024 top companies in India, according to LinkedIn. Deepak Sethi | E+ | Getty Images LinkedIn has released its eighth annual list of top companies to work for in India, and companies that prioritized its employees’ experience and growth dominated this year’s ranking. From mass layoffs to the adoption of generative AI, … Read more

Top 15 companies to work for in Singapore in 2024

These are the top companies to work for in Singapore in 2024, according to LinkedIn. Carlina Teteris | Moment | Getty Images Banks dominated the top 5 best companies in Singapore to work for, according to LinkedIn’s list on the best workplaces in the country in 2024. “Commercial banking firms from banking to insurance and … Read more

U.S. wage growth is cooling — but it’s still hot in these jobs

Maskot | Maskot | Getty Images Wage growth has cooled from its scorching pandemic-era pace. But there are still pockets of heat. Workers are getting relatively big annual raises in occupational sectors like legal, dental, child care, cleaning and sanitation, and medical information, for example, according to a new analysis by job site Indeed. Nationally, … Read more

Tesla to cut over 10% of workforce in global retrenchment

By Ed Ludlow and Dana Hull | Bloomberg Tesla Inc. is slashing headcount by more than 10%, part of a global retrenchment extending all the way into its executive ranks as the carmaker struggles with slowing demand for electric vehicles. Chief Executive Officer Elon Musk revealed the job cuts in an email to staff, citing … Read more

Tesla execs Drew Baglino and Rohan Patel depart amid layoffs

Rows of new Tesla cars are seen in a holding area near a customer collection point in London, England, on April 15, 2024. Leon Neal | Getty Images Tesla executives Drew Baglino and Rohan Patel announced Monday they are leaving the electric vehicle maker and clean energy company. CEO Elon Musk thanked both departing execs … Read more

Adding value with AI, digital tech

A SIGNIFICANT shift is underway in the Asia Pacific (APAC) region, with a strong focus on integrating artificial intelligence (AI) in finance roles, highlighting the necessity for professionals to adapt and embrace new skills. According to the Association of Chartered Certified Accountants (ACCA) latest annual Global Talent Trends Survey 2024, 78% of respondents believe AI … Read more

How the U.S. government is regulating AI

The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna, a buy now, pay later financial services provider, estimates that its AI assistant tool will increase its profit outcome by $40 million by the end … Read more

Singapore tech salaries for data scientists, cybersecurity jumped in 2023

Young Group Of Professionals Developing Business Strategy and Providing The Business Plan Pekic | E+ | Getty Images SINGAPORE — Tech salaries in Singapore mostly fell in 2023 amid a tech downturn, but certain roles — including for data science and cybersecurity — saw wages jump, according to a new report. The jobs that saw … Read more

CNBC Daily Open: What rate cut?

Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more

The U.S. economy still faces a recession risk: Gary Shilling

The U.S. economy has avoided a recession so far but the risk of a deeper economic downturn still looms, according to financial analyst Gary Shilling. Take U.S. small businesses as one of the “normal harbingers of recessions, [such as] the yield curve, the leading indicators,” Shilling said. “Small businesses are very sensitive to economic conditions … Read more