Articles found for Restructuring
ChatGPT Developer of OpenAI fires CEO Sam Altman
OpenAI, the creator of ChatGPT, announced on Friday that it has removed its co-founder and CEO, Sam Altman, following a review that revealed a lack of consistent transparency in his…
Rolls-Royce Cuts 2,500 Jobs Globally
This year, a further decline in aviation revenues due to COVID-19-induced impact has prompted Rolls-Royce to execute yet another round of layoffs in less than a decade. Cutting a chunk(6%)…
Microsoft's AI Investment in South Africa: What It Means for Jobs
Microsoft's AI investment in South Africa worth $70 million(R1.3 billion) was recently announced as a substantial investment into the South African economy through a decade-long partnership with the Department of…
The Fate of Nigeria's Tech Ecosystem with Microsoft's ADC Closure
In Lagos, Nigeria, rumors swirl about the possible closure of Microsoft's African Development Centre (ADC). While Microsoft remains tight-lipped, insiders hint at an impending shutdown, raising concerns among the Nigerian…
Nigeria - El Salvador 5,000 Passport Initiative for Skilled Workers
El Salvador's President, Nayib Bukele, recently announced an initiative aimed at supporting the nation's workforce by extending a generous offer to overseas skilled professionals, including Nigerians. This program includes the…
Wema Bank Hackaholics 4.0: Nigerian Students Win ₦50m
Earlier this year in March, Wema Bank, one of Nigeria's oldest financial institutions announced that the entry portal for ALAT Hackaholics 4.0 was open. Inaugurated in 2019, the Hackaholics initiative…






