The advent of artificial intelligence (AI) in the hiring process has ushered in an era of both promise and peril. As employers and job seekers adapt to increasingly sophisticated AI tools, the landscape of recruitment is undergoing a profound transformation, raising essential questions about fairness, efficiency, and the future of work.
Zoom is cutting off 150 employees in the latest move by tech companies to downsize this year. Zoom Communications announced that it will be cutting off 150 staff members, or 2% of its workforce, in an effort to "ensure alignment with our strategy.
More financial institutions are using AI to reduce operational inefficiencies in KYC procedures. More financial companies are now jumping into the AI train in an attempt to address operational inefficiencies, particularly in Know Your Customer (KYC) processes.