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Microsoft Cuts 4,800 Roles as AI Reshapes Work, Commercial Delivery and Xbox Strategy
Company News

Microsoft Cuts 4,800 Roles as AI Reshapes Work, Commercial Delivery and Xbox Strategy

Microsoft is eliminating around 4,800 roles, representing about 2.1% of its global workforce, as the company accelerates a broader transformation of its business, operating model and workforce priorities. The changes primarily affect Microsoft’s Commercial...

Jul 6, 2026
Column

Workday Announces Fiscal 2026 Fourth Quarter and Full Year Financial Results

Workday reported strong fiscal 2026 fourth quarter and full-year results, underscoring sustained growth and expanding profitability as it accelerates its enterprise AI strategy. Q4 total revenues reached $2.532 billion, up 14.5% year-over-y

Feb 24, 2026
Venture Capital

New York AI Career Transition Startup Pelgo Raises $5.5M Seed Round

Pelgo raised $5.5M seed funding led by Flybridge Capital to build an AI-powered career transition agent. The platform combines AI + human counselors to help laid-off workers, grads, and employees reskill and move into AI-first jobs. Launch

Feb 10, 2026
Product News

Draup Launches Etter.ai to Redefine Workforce Planning with Agentic AI

Draup has launched Etter.ai , an agentic AI platform designed to help enterprises transform their workforce strategies. Built on Draup’s extensive global labor and market data, Etter decomposes job roles into individual tasks, classifying t

Sep 17, 2025
Venture Capital

Workday Signs $1.1B Deal to Buy Sana, Bringing AI Agents and Learning Tools to 75M Users

Workday has announced a definitive agreement to acquire Sana, an AI-driven enterprise knowledge platform, for approximately $1.1 billion . Founded in 2016, Sana is known for its AI-powered products—Sana Learn and Sana Agents—used by over on

Sep 16, 2025
Company News

Outdated HR Systems Cost Government $1 Billion Annually, New Workday Report Shows

PLEASANTON, Calif. ,  May 12, 2025 -- A new report from Workday, Inc .  (NASDAQ:  WDAY ), the AI platform for managing  peopl e ,  money , and  agents , reveals that outdated federal human resources systems are costing taxpayers nearly  $1

May 12, 2025
Venture Capital

Italian-based Skillvue raises $6.3M to transform how companies discover and develop hidden talent

HR tech platform evolves from recruitment tool to comprehensive skills partner as organizations struggle to identify capabilities in both candidates and employees. Milan, May 05, 2025 -- While 70% of HR professionals desperately search for

May 5, 2025
Company News

Talent Shortage Concerns Drive Shift to Skills-Based Strategies, Workday Research Finds

Workday ’s latest report, The Global State of Skills, highlights a growing concern among business leaders: 51% fear future talent shortages, and only 32% feel confident in their workforce’s skills for long-term success. As AI reshapes indus

Mar 5, 2025
Earnings

Adecco Group Q4 2024 Earnings Report: Revenue at €5.87 Billion, Net Profit Exceeds Expectations at €73 Million

The Adecco Group reported Q4 2024 revenue of €5.87 billion, a 5% organic decline. Despite revenue contraction, the company saw improving momentum, with net profit surpassing forecasts at €73 million. CEO Denis Machuel highlighted cost reduc

Feb 26, 2025
Venture Capital

Workera Announces Strategic Investment from Accenture

Workera has announced a strategic investment and collaboration with Accenture, integrating Workera's AI-powered skills intelligence platform into Accenture's LearnVantage. This partnership aims to advance the adoption of skills-first strate

Jan 22, 2025
Product News

Reejig Releases Workforce Reinvention Blueprint, Proprietary Data Guiding Leaders to Bold and Responsible AI Implementation

Reejig , a global leader in workforce intelligence, has unveiled its Workforce Reinvention Blueprint , a first-of-its-kind analysis providing actionable insights into how AI can reshape industries. Drawing on over 130 million job records an

Dec 10, 2024
Product News

Real-Time Talent Planning: Gloat Launches AI-Driven Skills Planner and Studio

Gloat , an AI-driven workforce agility leader, has introduced two new products—Skills Planner and Studio—designed to empower HR leaders with proactive, data-driven decision-making capabilities. These solutions help organizations align talen

Oct 15, 2024
Venture Capital

Careerminds Acquires Progression To Enhance AI-Driven Career Development Solutions

Careerminds , a global provider of outplacement and career development services, has acquired Progression , a UK-based SaaS company specializing in AI-powered career framework solutions. Progression's platform helps organizations build scal

Oct 8, 2024
Product News

Eightfold AI Launches Talent Design: Transforming HR with Gen AI

Eightfold AI has introduced Eightfold Talent Design , an AI-powered solution aimed at transforming how organizations manage and develop their workforce's skills. With the rapid evolution of job roles and emerging critical skills, traditiona

Sep 24, 2024
Venture Capital

Cornerstone Accelerates Jobs-to-Skills Transformation with SkyHive Acquisition

Cornerstone OnDemand Inc. announced its acquisition of SkyHive Technologies' workforce skills intelligence capabilities and expert team. This move enhances Cornerstone's skills transformation offerings, integrating SkyHive's AI-powered plat

May 22, 2024
Product News

ServiceNow unveils new AI-powered capabilities to help improve employee experiences, supercharge talent development, and optimize in-person work

ServiceNow   announced new AI-powered enhancements at Knowledge 2024, aimed at improving talent development and optimizing workplace collaboration. These include integrating AI into learning experiences to better understand skills and suppo

May 10, 2024
Company News

Workday Announces Completion of HiredScore Acquisition: A New Chapter in AI-Driven Talent Solutions

Workday has finalized its acquisition of HiredScore, a leader in AI-driven talent solutions, marking a significant advancement in HR technology. This merger enhances Workday's suite of talent acquisition and mobility services by incorporati

Apr 1, 2024
Column

Workday:Using AI to Empower an Augmented Workforce

This article explores the concept of an augmented workforce, where artificial intelligence (AI) and human collaboration enhance productivity and innovation across industries. It emphasizes the importance of integrating AI with a human-centr

Feb 20, 2024
Company News

LMS365 and Go1 Forge Strategic Partnership to Deliver a Diverse, World-Class Workplace Learning Experience Facilitating Upskilling and Reskilling Across the Workforce

LMS365, a leading AI-powered learning platform integrated with Microsoft 365 and Teams, has announced a strategic partnership with Go1, the world's largest online learning library. This collaboration introduces a powerful blend of technolog

Feb 14, 2024
Venture Capital

Quantum5 Acquires Trivie to Grow Automotive Retail Learning Opportunities

Quantum5 , an automotive division of Ander, announced the acquisition of Trivie, a workforce engagement platform employing AI to enhance learning experiences. This move strengthens Quantum5's mission to revolutionize learning in the automot

Jan 29, 2024
Product News

Ceridian to Acquire eloomi, a Market-Leading Learning and Development Platform

Ceridian, a renowned human capital management tech company, is set to acquire eloomi, a leader in learning experience platform software. This strategic move, expected to finalize in Q1 2024, aims to bolster Ceridian's Dayforce platform. It

Jan 19, 2024
Topics

The Silver Tsunami: Over 2.4 Million US Older Workers Eye Early Retirement Amid Skill Gaps

A new survey from Multiverse also reveals that 41% of these workers would be willing to remain active in the labor market if provided with better access to training NEW YORK ,  Dec. 7, 2023  /PRNewswire/ -- As a growing number of older work

Dec 7, 2023
HotNews

AI Jobs Soar, Traditional Roles Hold Strong: Insights from Wahojobs' Year-Long Study

A year after ChatGPT's launch, a Wahojobs study explores changes in job seeker behavior towards traditional remote roles amidst fears of AI-induced job losses and the need for upskilling. The study, using Google Trends, analyzes changes in

Nov 28, 2023
Venture Capital

London-based Spotted Zebra's £7.7M Funding: A Leap Towards Skills-Centric Workforce Management

London-based Spotted Zebra, a pioneering skills-based workforce management platform, has successfully raised £7.7M in a Series A funding round. With a vision to address the global skills-gap crisis, the company aims to align individuals wit

Nov 1, 2023
Company News

SAP SuccessFactors Opportunity Marketplace & SAP Business AI-powered Recommendation

The blog post delves into the intricacies of SAP SuccessFactors Opportunity Marketplace, a platform designed to foster internal mobility, career development, and upskilling within organizations. It highlights how the platform leverages AI-p

Sep 30, 2023
Product News

Human Resource Executive Names Oracle Grow a Top HR Product of the Year

Oracle Grow, part of the Oracle ME employee experience platform within Oracle Fusion Cloud Human Capital Management (HCM), has been named a 2023 Top HR Product of the Year by Human Resource Executive. The Human Resource Executive Top HR Pro

Aug 29, 2023
Company News

IMocha Launches AI-Powered Skills Intelligence Cloud to Enable Enterprises to Transition to Skills-First Talent Management

ASHBURN, Va.  and PUNE,  India ,  July 26, 2023 --  iMocha , a leading SkillsTech platform today launched its Skills Intelligence Cloud, an AI-powered platform to revolutionize enterprise hiring, talent management, internal mobility, and wo

Jul 27, 2023
Company News

eQ8 Survey Examines the Current State of Strategic Workforce Planning

Austin, Texas – May 9, 2023 – eQ8 , the only dedicated end-to-end SaaS solution for strategic workforce planning using dynamic scenario modeling, released the results of a study on the state of strategic workforce planning. The study was co

May 9, 2023
Company News

Phenom Unveils Generative AI for Human Resources and 18 New Innovations at IAMPHENOM

PHILADELPHIA – March 31, 2023 – During its  IAMPHENOM  Product Innovation Keynote,  Phenom  announced Experience+ (X+), a new platform-wide generative AI capability that bolsters efficiencies by automating content creation, surfacing action

Mar 31, 2023
Company News

TalentGuard Unveils WorkforceGPT, Revolutionizing Job Skills With Generative AI

TalentGuard , the world’s leading provider of Workforce Skills Intelligence solutions, proudly announces the launch of WorkforceGPT, a first-of-its-kind innovative product designed to transform how organizations approach reskilling, upskill

Mar 29, 2023
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