Category: Latest Articles

Atlassian, Australia’s largest listed technology company, is to cut 10% of its staff, or 1,600 employees, in response to the threat posed by artificial intelligence (AI) to its operations. The Sydney-based company said it plans to “rebalance” its resources to focus on the “future of ?teamwork in the AI era.” Chief executive Mike Cannon-Brookes said…

BlackRock is committing $100m to fund training programs for skilled trade workers as part of its growing push into infrastructure investing. The initiative, called Future Builders, will support workforce development in fields such as plumbing, electrical work, HVAC, and ironworking by partnering with nonprofits and training organizations. The program aims to guide workers from pre-apprenticeship…

Loblaw is investigating a data breach after detecting suspicious activity on a contained, non-critical part of its IT network. The Canadian retailer said a third party accessed limited customer information, including names, phone numbers and email addresses, but passwords, health data and credit card details were not compromised. Loblaw has notified affected customers, logged users…

Nissan has announced that chief financial officer Jérémie Papin will step down for personal reasons, with long-time company executive George Leondis set to take over the role from April 1st. Papin will remain at the company until mid-May to support the completion of the fiscal year. Leondis, who joined Nissan in 2004 and most recently…

As artificial intelligence (AI) becomes embedded in financial workflows, chief financial officers are increasingly responsible for ensuring the integrity, transparency and auditability of AI-driven decisions, according to a new analysis. While AI can improve forecasting, automation and efficiency, finance leaders must ensure systems are explainable, governed by strong data controls and compliant with accounting standards,…