About 800 Canadian employees are being laid off by Skip the Dishes and its parent company. The workforce reduction will affect approximately 100 Canada-based workerswith Skip the Dishes, the food delivery service’s chief executive, Paul Burns, said in a post on LinkedIn on Tuesday. Meanwhile, some 700 operations employees based out of Canada who work for its … Read more
Year-over-year inflation in the United States reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September. Wednesday’s report from the U.S. Department of Labor showed that consumer prices rose just … Read more
Canada’s economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said on Friday. Employment fell in wholesale and retail trade, which shed 44,000 jobs, and in finance, insurance, real estate, rental and leasing, which shed 15,000 jobs. Public administration, transportation and warehousing, and utilities saw jobs gains. … Read more
The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions could hinder that process. That’s according to the central bank’s newly released summary of deliberations detailing discussions ahead of the July 24 rate decision. “With the emergence of slack … Read more
An expert who tracks Canada’s mainstream media industry says Postmedia’s pending purchase of Atlantic Canada’s largest newspaper chain is almost certain to result in job cuts and a reduction in local content. April Lindgren, a journalism professor with Toronto Metropolitan University, says Postmedia Network Inc. has also made a habit of closing unprofitable publications, having … Read more
Cost of Living9:09Is it time to retire the seniors’ discount? Whether she’s attending a chamber performance or playing in one, cellist and teacher Laura Backstrom says one thing is pretty consistent — the audience “looks like a sea of white hair,” she says. In contemplating why that is, Backstrom, 60, said she initially thought it was because seniors … Read more
Delayed air passengers, disgruntled phone customers and even hungry people craving a slice of pizza increasingly find their pleas to private companies being answered by artificial intelligence. Soon Canadians who need to reach out to the federal government could also find themselves talking to an employee who’s been helped by non-human assistants. Ottawa is working … Read more
U.S. airline regulators have opened an investigation into Delta Air Lines, which is still struggling to restore operations on Tuesday, more than four full days after a faulty software update caused technological havoc worldwide and disrupted global air travel. Transportation Secretary Pete Buttigieg announced the Delta investigation on X, formerly Twitter, on Tuesday “to ensure … Read more
Efforts to deal with a global tech outage that caused chaos for travellers, hospitals and banks are underway, but it may not be the end of your computer woes: Phishing schemes trying to reel in businesses and individuals are now coming to light. Security specialists are warning to be aware of malicious actors purporting to be tech specialists offering help to recover … Read more
TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10 per cent of its workforce, as it looks to focus on its artificial intelligence-powered tax preparation software and other financial products. The company, which has invested heavily in providing generative AI powered accounting and tax preparation tools for small and … Read more
