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Disney begins process of cutting 7,000 jobs as CEO Bob Iger warns ‘challenges ahead’
Disney (DIS) CEO Bob Iger declared the start out of the firm’s mass layoffs on Monday immediately after the company very last thirty day period outlined designs to lower 7,000 workers this year in an exertion to slash $5.5 billion in expenses. “This 7 days, we get started notifying staff members whose positions are impacted by the company’s workforce reductions,” Iger wrote in an inside memo attained by Yahoo Finance. “Leaders will be communicating the information straight to the to start with group of impacted staff members in excess of the upcoming four times. A next, bigger round of notifications will take place in April with many thousand a lot…
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Therapy by AI holds promise and challenges : Shots
Just a year ago, Chukurah Ali had fulfilled a dream of owning her own bakery — Coco’s Desserts in St. Louis, Mo. — which specialized in the sort of custom-made ornate wedding cakes often featured in baking show competitions. Ali, a single mom, supported her daughter and mother by baking recipes she learned from her beloved grandmother. But last February, all that fell apart, after a car accident left Ali hobbled by injury, from head to knee. “I could barely talk, I could barely move,” she says, sobbing. “I felt like I was worthless because I could barely provide for my family.” As darkness and depression engulfed Ali, help seemed…
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Despite a cost of living crisis and other challenges, Australia’s economic future is bright
I won an award in 2022. No, it wasn’t a Walkley. It was an in-house award from The Drum presented at the Christmas party: Patron Saint of Doomsday – for always reminding us that a financial crisis is nigh. All jokes aside, we do live in a troubled world. Last year saw an escalation of the climate change crisis, a war in Ukraine, soaring inflation, further phases of a global pandemic, the Bank of England rescue Britain from a major financial crisis, and the death of Queen Elizabeth II – to name but a few moments. A turbulent year saw a number of major events occur, such as Queen Elizabeth II’s death. (Reuters: Tom…
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MIT Policy Hackathon produces new solutions for technology policy challenges | MIT News
Almost three yrs back, the Covid-19 pandemic transformed the planet. Numerous are even now on the lookout to uncover a “new standard.” “Instead of heading back to ordinary, [there’s a new generation that] desires to make again a thing different, anything far better,” suggests Jorge Sandoval, a 2nd-year graduate university student in MIT’s Engineering and Policy Program (TPP) at the Institute for Facts, Devices and Culture (IDSS). “How do we connect this attitude to others, that the environment can not be the identical as ahead of?” This was the inspiration at the rear of “A New (Re)technology,” this year’s concept for the IDSS-university student-run MIT Plan Hackathon, which Sandoval assisted…
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