Tech companies are using AI as ‘excuse’ to layoff workers, CEO says
Roughly 30,000 layoffs have been blamed on AI so far this year, on top of 55,000 job cuts in 2025.
Roughly 30,000 layoffs have been blamed on AI so far this year, on top of 55,000 job cuts in 2025.
At Davos earlier this year, Microsoft CEO Satya Nadella introduced a term that should be ringing alarm bells in every Australian boardroom: “Enterprise Sovereignty.” On the surface, it sounds like standard Silicon Valley jargon. But for a nation of “middle power” industries – our banks, law firms, and miners who often find themselves at the mercy of global software stacks – it touches a nerve, writes David Brudenell.
For years, Australia’s startup ecosystem has wrestled with a stubborn reality: if you weren’t technical, your odds of founding and funding a venture dropped dramatically. And because computer science classrooms have long skewed male, that technical barrier is one major aspect reinforcing the gender funding gap.
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After a year of regulatory thaw and institutional buy-in, crypto is settling into the financial system’s core.
Picking a summer book can feel overwhelming. Picking from 39,000 even more so. We asked Alastair Dillon, owner of Dillons Bookshop, to curate the reads worth your time this summer.
Mental fitness has shifted from a nice-to-have to a performance issue. Tess Brouwer and Layne Beachley show how small, repeatable habits can pull leaders out of burnout, sharpen decision-making and lift the way teams work.
AI is moving faster than most companies can keep up. From Agentic AI to multi-agent ecosystems, smart leaders are cutting through the hype and pressing vendors on how they’ll handle what’s coming.
The solar system suddenly has a new member. A new object discovered in the solar system beyond Neptune and Pluto has astronomers rethinking the history of the solar system. Called 2023 KQ14 and nicknamed “Ammonite,” the discovery of this unique so-called trans-Neptunian object is both unexpected and could reshape what we know about the solar system’s past. […]
In his 1975 book “The Philosophy of Andy Warhol (From A to B and Back Again)”, Andy Warhol, said if he could hire anyone on retainer, he’d hire a boss. “I think a boss would be a good person to have around,” he said. I can relate. When you’re the business owner, you’re in charge of how you spend your time. But sometimes, you just want someone to tell you what to do.