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AI layoffs backfire as firms scramble to rehire

AI layoffs backfire as firms scramble to rehire

by Michael Corpus | Mar 25, 2026 | AI & BPO, News

source: https://sea.peoplemattersglobal.com/news/workforce-planning/ai-layoffs-backfire-as-33percent-of-companies-lose-critical-skills-and-expertise-report-48771 CAVITE, PHILIPPINES — AI-driven layoffs are backfiring, with two-thirds of companies that cut jobs for...
Mortgage rates in a 7-month surge, hits housing market

Mortgage rates in a 7-month surge, hits housing market

by Michael Corpus | Mar 25, 2026 | Markets & Investing, News

source: https://www.cnbc.com/2026/03/13/mortgage-rates-7-month-high.html NEW YORK — Mortgage rates climbed to their highest level since September on Friday, threatening to disrupt the spring homebuying season as rising bond yields linked to the war in Iran pushed...
JPMorgan targets startup banking after SVB collapse

JPMorgan targets startup banking after SVB collapse

by Michael Corpus | Mar 25, 2026 | Business, News

NEW YORK — JPMorgan Chase is using the collapse of Silicon Valley Bank to accelerate its push into startup banking, seeking to capture venture-backed companies from their earliest stages through a public listing, March 13, 2026. The strategy emerged after Silicon...
Oracle eyes major layoffs as AI expansion drives up costs

Oracle eyes major layoffs as AI expansion drives up costs

by Michael Corpus | Mar 25, 2026 | AI & BPO, News

REDWOOD CITY, California — Oracle is reportedly planning thousands of layoffs as it faces mounting costs tied to expanding artificial intelligence infrastructure and large-scale data centers, according to a Bloomberg report, March 6. The job cuts are expected to begin...
Maya, IBPAP launch credit access program for 1.9M BPO workers

Maya, IBPAP launch credit access program for 1.9M BPO workers

by Michael Corpus | Mar 25, 2026 | BPO Workforce Trends, News

MANILA, Philippines — To widen financial inclusion and reduce reliance on informal lenders, Maya and the IT and Business Process Association of the Philippines (IBPAP) have launched a program that will give nearly 1.9 million Filipino digital workers access to credit...
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