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Tuesday, feb 25
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39°
Tuesday, feb 25
Tag:
Job Creation
Business
AI Workforce Shake-Up: Nearly Half Of Companies Plan Job Cuts Within Years
Nearly half of companies worldwide are planning to cut jobs within the next few years as artificial intelligence (AI) reshapes industries and automates millions of positions, according to a new global report. The World Economic Forum’s "Future of Jobs Report 2025" outlines the seismic shifts AI will bring to the global workforce, revealing both challenges and opportunities: Job Displacement: The report says 41 percent of companies intent to downsize their workforce globally between 2025 and 2030, particularly in industries reliant on routine and manual tasks such as manufacturing, customer …
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State Awards $3.5M For Shoreline Restoration At Long Island Beaches
New York State will spend millions of dollars rebuilding Long Island beaches. The state has allocated $3.5 million for shoreline restoration projects at Tobay and Overlook beaches in the wake of significant storm damage and erosion. Fortification work will include dredging the Fire Island Inlet and placing nearly 1.25 million cubic yards of sand at Gilgo State Park, Tobay Beach, and Overlook Beach. The project will help protect communities and important recreation areas from severe weather events driven by climate change, and create jobs that boost local economies, Gov. Kathy Hochul’s offi…