๐จ AI will reduce banking jobs by 200,000 in the next 5 years. (Bloomberg)
Global banks are expected to reduce their workforce by nearly 3% annually.
This is exactly what weโre solving at KrewsUp!
With 300+ events/day, 10 gigs/event, and 10M+ jobs added annually, weโre on a mission to organize Indiaโs unorganized event workforce ๐ช๐ฏ
4 replies7 likes
Bharat Yadav
Betterment, Harmony ...ย โขย 3m
BSNL is planning a second Voluntary Retirement Scheme (VRS) to cut its workforce by 18,000-19,000 and ease financial pressures.
The proposal, seeking โน1,500 crore for implementation, has been submitted to the Department of Telecommunications (DoT)
Indian low is fooling the poor while big companies like Reliance Industries Ltd. reduce their workforce by 11% in FY24, despite being profitable. Meanwhile, the unemployment rate is at 9.2%.
0 replies4 likes
Mahendra Lochhab
Content creatorย โขย 1m
India's travel and tourism industry is a major economic driver, contributing significantly to GDP and employment, with a projected growth of 7.1% annually. It's expected to reach US$125 billion by FY27.
3 replies10 likes
Pradeep Chaudhary
Co-founder & Productย โขย 1m
๐จAmazonโs Workforce Shift: Efficiency vs. Humanity?๐จ
Amazon plans to cut 14,000 managerial roles by early 2025 (13% of its global management workforce), reducing headcount from 105,770 to 91,936. This restructuring aims to save $2.1Bโ$3.6B annua
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0 replies3 likes
Ashish Agarwal
building Tencha - a ...ย โขย 2m
Air India can save approximately $12.57 million annually by removing IFE (In flight entertainment) systems from its wide-body economy class seats. By eliminating 33,500 kg of weight across its 67 aircraft, they reduce fuel usage by 67,000 kg per year
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1 replies20 likes
Sameer Singh
Hey I am on Medialย โขย 5m
In India, approximately 4,80,000 road accidents occur every year, resulting in around 1,72,000 deaths. Out of these, nearly 68% of deaths are caused by overspeeding.
What measures can be taken to prevent and reduce road accidents?
Japan's Service Robot Market to Triple by 2030 ๐ค
Japan's service robot industry is on track to nearly triple in size by 2030, reaching an estimated ยฅ400 billion ($2.7 billion).
This rapid growth is driven by businesses turning to automation to tac
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0 replies3 likes
Surya
Productย โขย 6m
Transforming Digital Banking: Unlocking Customer Engagement!
In today's fast-paced financial landscape, digital transformation is essential for banks to thrive. This article dives deep into the pressing challenges FIs face, from stagnant customer e
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0 replies1 like
TREND talks
History always repea...ย โขย 4m
๐ค More than 10% of the workforce in South Korea are robots. The country has become a world leader in the robotization of factories. For every 10,000 employees, there are 1,012 industrial robots, and their number is growing by an average of 5% annual