article thumbnail

When to Restructure | N2Growth Blog

N2Growth Blog

This is so much the case that some CEOs will avoid restructuring initiatives at all costs. There are even some business theorists that warn against undertaking complex restructurings because of the great risks involved. That is the question that many a business is forced to ask at some point during their life cycle. They make changes.

article thumbnail

AI and Productivity: MIT Research Unveils ChatGPT’s Impact on the Next Industrial Revolution

HR Digest

Artificial Intelligence (AI) has emerged as a powerful tool that revolutionizes productivity across various sectors. This article delves into MIT’s study, highlighting how ChatGPT enhances worker productivity, transforms work practices, and fosters the rise of Industrial Revolution 2.0.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Expedia Layoffs To Affect 9% Of Workforce In a Bid To Refocus Resources

HR Digest

News of the restructuring efforts followed the fourth quarter and full-year 2023 Expedia earnings call where the company actually presented pretty strong performance numbers. With a goal to drive efficiency forward this year, Expedia layoffs are moving ahead with a target of 9 percent job cuts in the upcoming weeks.

Resources 105
article thumbnail

Cisco Layoffs Confirm 4000 Job Cuts: The Tech Industry’s Job Insecurity Heightens

HR Digest

Cisco restructuring news not only reflects the company’s response to sluggish demand but also highlights the growing significance of artificial intelligence (AI) in shaping the future of work. Therefore, individuals should consider upskilling or reskilling in AI-related fields to remain competitive in the job market.

article thumbnail

Research Explores How ChatGPT Can Help Writers

The Horizons Tracker

The study revealed that when applied to tasks such as composing cover letters, delicate emails, and cost-benefit analyses, generative AI resulted in increased productivity among workers. The researchers cautioned that these limitations could potentially diminish ChatGPT’s productivity-enhancing potential in practical settings.

Letter 98
article thumbnail

Understanding and Managing Employee Turnover

HR Digest

While a certain level of turnover is inevitable, high turnover rates can be detrimental to an organization’s performance, productivity, and profitability. Inadequate compensation and benefits: Employees who feel that their pay and benefits do not match their expectations or the market rate are more likely to leave.

article thumbnail

The Environmental And Economic Costs Of Curbside Recycling

The Horizons Tracker

The study reveals that recent restrictions on recyclable materials imposed by major international markets have significantly contributed to the cost increase. In 2011, during the most lucrative period for recycling markets, the annual cost per household in the United States was as low as $3.

Cost 82