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TikTok cuts hundreds of jobs in shift towards AI content moderation
TikTok is cutting hundreds of jobs from its global workforce as part of its transition to a more AI-driven content moderation model. Sources familiar with the matter earlier told Reuters that more than 700 jobs were being cut in Malaysia. The ByteDance-owned social media giant later clarified that less than 500 employees in the country…
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FCA extends WFH
The Financial Conduct Authority (FCA) has announced an extension of its hybrid work policy, allowing staff to work from home three days a week until at least 2026. This decision contrasts with the growing trend among other firms in the City, which are pushing for a return to the office. The FCA, which employs around…
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Infosys is discontinuing issuing job offer letters to new recruits through emails
Bengaluru-headquartered IT company Infosys has introduced a new hiring process aimed at preventing fraudulent recruitment practices and improving the candidate experience. Instead of sending job offer letters via email, candidates must now log into Infosys’ internal system to access their application details. The initiative is designed to protect candidates from scams and promote a paperless…
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Spanish truckers to strike for earlier retirement
Spanish truckers are to stage a series of strikes to demand earlier retirement. Truck drivers will walk out on October 28, November 11, November 28, November 29, December 5, December 9, and will begin an indefinite strike on December 23 if their demands are not met, representatives of the country’s two main unions, the CCOO…
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More support needed for female-founded firms, EY says
EY has warned that the UK economy could miss out on a £7bn contribution from female-founded companies unless there is greater support for female entrepreneurs. The report identified 45 female-led ‘superscalers’ – firms with revenues of more than £50m – and showed that they contributed a combined £7bn to the UK economy in 2022 and…
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Financial firms pay compensation over gender options
MoneySuperMarket and Transunion have been forced to pay hundreds of pounds in compensation to non-binary customers because their application forms did not accommodate non-binary identities. The ombudsman noted that being non-binary is not recognised as a gender in law but it is a protected characteristic of the Equality Act 2010. Anna Dews, a solicitor in…
