Google, in a race to lead progress in artificial intelligence (AI), will have a better chance of achieving that goal if workers on the project are in the company’s central offices five days a week, Google cofounder Sergei Brin said in an internal memo reported by The New York Times.
Tag: workers
RUSSIA’S CENTRAL BANK HOLDS INTEREST RATE AT 21 PERCENT
The Bank of Russia kept its interest rate at a record 21 percent for a second consecutive meeting as inflation in January was estimated at 9.9 percent, up from 9.5 percent in December and more than twice the bank’s target rate.
BOSSES REQUIRING EMPLOYEES TO RETURN TO THE OFFICE ARE LOSING WORKERS
Among employers who have forced employees to come back to a central office, 42 percent report losing more workers than they expected, according to a new survey from office consulting firm Unispace. Twenty-one percent said “key” staff members had quit.
STRONG JOBS REPORT FUELS FEARS OF ANOTHER SHARP FED RATE HIKE
In October, U.S. businesses took on another 261,000 workers, beating analysts’ estimate of 200,000 but also booking the lowest monthly pace of hiring since December 2020.
WORKERS AT MAJOR BRITISH PACKAGING COMPANY VOTE TO STRIKE, COULD HAVE ‘SERIOUS IMPLICATIONS’ FOR COMPANIES LIKE AMAZON BEFORE HOLIDAY SEASON
Workers for DS Smith, the major British packaging group, voted to strike as soon as the end of November over their pay while inflation in the country soars.