BusinessInnovationStartups

Kelly Services Trims Corporate Staff Amid US Hiring Slowdown

Staffing giant Kelly Services is cutting approximately 2% of its corporate workforce, affecting about 100 employees. The restructuring comes as US employers’ hiring plans reach their lowest level since 2009, according to industry reports.

Staffing Industry Leader Announces Workforce Reductions

Kelly Services, one of the nation’s leading staffing and recruiting firms, is implementing a targeted reduction of its corporate workforce, according to company statements. The Troy, Michigan-based company confirmed it is cutting approximately 2% of its corporate employees, which sources indicate would affect about 100 workers from its 5,000-person corporate team.

AIAutomationBusiness

Workforce Integration Critical for Successful AI Implementation, Experts Warn

Businesses adopting artificial intelligence face significant challenges without proper workforce integration, analysts suggest. Research indicates that companies involving employees in AI implementation achieve better results than those imposing solutions from above.

The AI Revolution Demands Human Collaboration

As artificial intelligence rapidly transforms industries, companies must prioritize workforce integration to successfully implement the technology, according to multiple industry reports. The transition period could prove challenging as organizations balance automation opportunities with the need for human oversight and skill development.

BusinessFintech

Plaid Appoints Seun Sodipo as CFO Amid Expansion and IPO Speculation

Financial technology leader Plaid has appointed former Glossier CFO Seun Sodipo to lead its global finance operations. The move comes as the company expands its product offerings and reportedly considers future IPO possibilities following a substantial funding round that valued the company at $6.1 billion.

Plaid Names New CFO Amid Strategic Expansion

Financial technology firm Plaid has appointed Seun Sodipo as its new chief financial officer, according to reports, marking a significant leadership transition as the company expands beyond its core data infrastructure services. Sodipo replaces Eric Hart, who has reportedly returned to Expedia Group.

EconomyPolicy

Global Finance Ministers Gather Amid US Government Shutdown and Escalating Trade Tensions

The International Monetary Fund annual meetings are unfolding against the backdrop of a partially shuttered US Treasury. According to reports, Trump administration officials used the historic Cash Room to deliver a stark message about China’s role in global trade tensions.

IMF Meetings Proceed Amid US Government Shutdown

The International Monetary Fund annual meetings are reportedly proceeding while the US Treasury operates with minimal staff due to the ongoing federal government shutdown, sources indicate. According to reports, most Treasury staff have been furloughed as world finance ministers and bankers arrive for the gatherings, their jet aircraft handled by a reduced number of unpaid air traffic controllers.