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TriNet Unveils 2025 State of the Workplace Report
Prnewswire· 2025-11-10 14:15
Accessibility StatementSkip Navigation Survey of over 1,000 SMB respondents highlights employee engagement, AI adoption, workplace flexibility, the most valued benefits—and more. DUBLIN, Calif., Nov. 10, 2025 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the release of its 2025 State of the Workplace, an annual industry-wide pulse survey offering a dual-perspective of employer and employee ...
Shocking jobs data resets recession bets
Yahoo Finance· 2025-11-09 18:47
Economic Overview - The U.S. Labor Department will not publish its economic report for the second consecutive month due to the ongoing government shutdown, which is now the longest on record [1] - The lack of official employment data makes it difficult to assess the jobs market, and anecdotal evidence does not inspire confidence [1] Layoff Announcements - Major employers such as Amazon, UPS, and Target have announced plans to lay off tens of thousands of workers in the coming weeks [2] - Target plans to eliminate 1,800 corporate jobs, marking its second-largest corporate downsizing [6] - Amazon is set to lay off 14,000 corporate employees across multiple departments to reduce bureaucracy [6] - UPS has cut about 48,000 jobs this year, including 34,000 positions through its efficiency program [6] Job Market Metrics - U.S. companies announced the fewest number of new jobs since 2011, with 153,074 job cuts in October, nearly triple the 55,597 cuts from the same month last year [4] - Job losses in October are up 183% from September, indicating a significant downturn in the job market [4] Year-to-Date Job Cuts - Through October, employers have announced 1.1 million job cuts, a 65% year-over-year increase from 665,000 cuts through October last year [10] - Job cuts in 2025 are on track to be the worst since 2020, with 44% more jobs cut through October than in all of 2024 [10] Contributing Factors - Reasons for the job cuts include correcting headcount after overhiring during the COVID-19 pandemic, softening consumer and corporate spending, and rising costs due to hiring freezes [7] - The adoption of AI is also mentioned as a factor influencing job market dynamics [8] Impact on Job Seekers - The current wave of layoffs is creating a snowball effect, making it harder for those laid off to secure new roles, which could further loosen the labor market [9]
‘October’s pace of job cutting was much higher than average’: Definitive layoff report reveals ‘DOGE impact’ on labor market
Yahoo Finance· 2025-11-06 19:02
Layoffs have hit the highest level for the month of October since 2003, and hiring has slowed to the lowest point in 14 years as companies look to cut costs and make room for AI integration, according to a new report from Challenger, Gray & Christmas. The monthly report, published Thursday, lays out a gloomy job market in which U.S.-based employers announced 153,074 job cuts in October. This is up 175% from last October, when 55,597 cuts were announced, and a 183% increase from last month’s 54,064 job cut ...
Job cuts in October hit highest level for the month in 22 years, Challenger says
CNBC Television· 2025-11-06 13:14
Amid the government shutdown, markets are looking for clues about the health of the job market. Steve Leeman joins us with the latest numbers from Challenger on job cuts. What's going on? >> Yeah, well, this is like a a clue from like a cough or a or a sneeze or whatever. But announced corporate job cuts, Andrew, in the US surging past 1 million so far this year with 153,000 new layoffs announced just in October according to Challenger. That is the worst October since 2003. Here are the numbers. October up ...
This Fund Just Sold $11.5 Million in Clearwater Analytics — Here's What the Move Signals for Software Stocks
The Motley Fool· 2025-11-02 15:40
Core Insights - Scalar Gauge Management has completely exited its position in Clearwater Analytics Holdings, selling 524,244 shares for an estimated transaction value of $11.5 million in the third quarter [1][2][6] Company Overview - Clearwater Analytics Holdings reported a total revenue of $551.1 million and a net income of $406.4 million for the trailing twelve months (TTM) [4] - The company's shares closed at $18.41, reflecting a one-year price change of approximately -19% [4] Performance Context - Clearwater Analytics has experienced a significant decline in share price, down 29% over the past year, contrasting sharply with the S&P 500's gain of nearly 17% during the same period [3][7] - The company reported second-quarter revenue of $181.9 million but incurred a net loss of $24.2 million, missing analyst expectations [7] Market Sentiment - Scalar Gauge Management's exit from Clearwater Analytics is indicative of a broader trend of pulling back from software companies that have struggled with earnings momentum, particularly in the SaaS sector [6][7] - The firm noted that small- and mid-cap software valuations have compressed below 2022 levels, despite improvements in profitability, suggesting a cautious approach until market sentiment stabilizes [7]
X @Bloomberg
Bloomberg· 2025-10-31 09:53
"This is like a tsunami hitting the labor market."IMF Managing Director Kristalina Georgieva tells @SheryAhnNews not enough attention is being given to the impact of AI adoption to jobs https://t.co/lYFNJpYDZY https://t.co/DQdcpd9LqK ...
TDCX Sees Global Outsourcing Supercycle Opportunity; Positions Company for Next Wave of Growth with Refreshed Brand
Newsfile· 2025-10-31 01:50
Core Insights - TDCX Group is positioning itself to capitalize on a global outsourcing supercycle driven by technological advancements and changing market dynamics [2][10] - The company has launched a refreshed brand identity and tagline "Enable the Future" to reflect its evolution and commitment to integrating AI with human expertise [5][8] Company Overview - TDCX is a leading global digital customer experience solutions firm, celebrating its 30th anniversary and evolving from traditional outsourcing to a strategic orchestrator of growth [1][13] - The company operates across various industries, including digital advertising, e-commerce, fintech, and healthtech, with over 20,000 employees in 37 locations worldwide [14][16] Market Trends - Key trends driving the demand for TDCX's services include AI adoption, digital transformation, a global talent shift, and increasing compliance requirements [2][11] - The company identifies a supercycle of growth in the global outsourcing industry, fueled by the convergence of technology, data, and human intelligence [2][10] Brand Transformation - The new brand identity emphasizes TDCX's role as a trusted guide, blending technology and human expertise to empower clients [6][9] - The refreshed logo and tagline symbolize forward motion and agility, aligning with the company's mission to navigate clients through transformation [6][7] Strategic Focus - TDCX's core engines now include Enterprise CX, Digital Sales and Marketing, and Trust and Safety, enhanced by AI tools and analytics to maximize performance [9] - The company aims to deliver intelligence-led outcomes, positioning itself as a key partner for businesses seeking to thrive in an AI-enabled world [10][14] Anniversary Initiative - To commemorate its 30th anniversary, TDCX is offering a complimentary CX Sentiment Analysis Report to help businesses understand customer sentiment and identify growth opportunities [11]
Kyndryl Set to Report Q2 Earnings: Here's What Investors Should Know
ZACKS· 2025-10-29 17:45
Core Insights - Kyndryl (KD) is set to report its second-quarter fiscal 2026 results on November 4, after market close, with a strong earnings surprise history, surpassing estimates in three of the last four quarters and averaging a 36.1% earnings surprise [1] Kyndryl's Q2 Expectations - The Zacks Consensus Estimate for Kyndryl's revenues is $3.8 billion, reflecting a 1.1% year-over-year increase, driven by new signings in AI adoption, cyber resiliency, and cloud migration services [2] - The consensus estimate for earnings is 35 cents per share, indicating a more than 100% increase from the same quarter last year, supported by prudent cost control and strong margins [3][10] Earnings Prediction Model - Current analysis does not predict a definitive earnings beat for Kyndryl, as it holds an Earnings ESP of +12.50% and a Zacks Rank of 4 (Sell), which does not align with the conditions typically favorable for an earnings beat [4]
Looking for profit margin benefit from AI adoption in earnings, says Charles Schwab's Sonders
CNBC Television· 2025-10-28 13:54
What should you be doing with your money to get ready. Well, joining us now is Charles Schwab, chief investment strategist, Lisanne Saunders. Uh, Lizanne, great to have you as always for some perspective.>> Thanks, John. >> Let let me back it up here and ask, how important are both AI spending and the idea of AI spending for this market. And I mean both capex from these big tech companies and evidence that they're showing that they're able to monetize that capex.>> Well, you know, so far so good in terms of ...