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Porsche is cutting another 5,000 jobs. Total layoffs now approach 9,400.
The Next Web AI 🎯 Management & AI-Era Leadership 2mo ago
Porsche is cutting another 5,000 jobs. Total layoffs now approach 9,400.
Porsche will cut another 5,000 jobs by 2035 under a second restructuring package agreed between management and labour representatives. The cuts come on top of 3
Airtel Money Kenya chief exits months before planned London listing
TechCabal 🎯 Management & AI-Era Leadership 2mo ago
Airtel Money Kenya chief exits months before planned London listing
Her departure comes weeks after Airtel Kenya appointed a new managing director and days after Safaricom announced the exit of its top financial services executi
Head of America’s AI safety agency resigns after three months
The Next Web AI 🎯 Management & AI-Era Leadership 2mo ago
Head of America’s AI safety agency resigns after three months
Chris Fall’s exit leaves the renamed institute, now the Center for AI Standards and Innovation, without a permanent leader as Washington rethinks how it polices
Safaricom’s financial services chief joins wave of senior executive exits
TechCabal 🎯 Management & AI-Era Leadership 2mo ago
Safaricom’s financial services chief joins wave of senior executive exits
Waititu's last day will be July 31, according to the email. Safaricom has appointed Boniface Mungania, its Director of Public Sector Digital Transformation, as
Former Safaricom executive Michael Mutiga named Stanbic Bank Kenya CEO
TechCabal 🎯 Management & AI-Era Leadership 2mo ago
Former Safaricom executive Michael Mutiga named Stanbic Bank Kenya CEO
Mutiga joins Stanbic after serving as Chief Business Development and Strategy Officer at Safaricom, Kenya's largest telecommunications company and operator of t
ZDNet 🎯 Management & AI-Era Leadership ⚡ AI Lesson 2mo ago
Managers play critical role in a company's AI transformation - and they know it
More than two-thirds of middle managers are optimistic about AI's role in the future of work, and they feel personally accountable for their team's adoption of
Google DeepMind Unionization Talks Are Off to a Rocky Start
Wired AI 🎯 Management & AI-Era Leadership 2mo ago
Google DeepMind Unionization Talks Are Off to a Rocky Start
During negotiations on Wednesday, employees voiced frustrations with what they consider an unwillingness among executives to engage meaningfully with the prospe
Lucid Motors replaces its CFO and overhauls its entire leadership team as new CEO reshapes the company
The Next Web AI 🎯 Management & AI-Era Leadership ⚡ AI Lesson 2mo ago
Lucid Motors replaces its CFO and overhauls its entire leadership team as new CEO reshapes the company
Lucid Motors said on Thursday that its chief financial officer, Taoufiq Boussaid, will be leaving the company, the latest in a series of leadership changes unde
I&M taps departing Absa chief Abdi Mohamed as Kenya CEO
TechCabal 🎯 Management & AI-Era Leadership 3mo ago
I&M taps departing Absa chief Abdi Mohamed as Kenya CEO
Hours after Absa Bank Kenya announced the departure of chief executive Abdi Mohamed after a 32-year career at the lender, rival I&M Group named him as the next
Absa Kenya CEO Abdi Mohamed steps down after 32-year career
TechCabal 🎯 Management & AI-Era Leadership 3mo ago
Absa Kenya CEO Abdi Mohamed steps down after 32-year career
Abdi Mohamed, chief executive officer of Absa Bank Kenya, one of Kenya's tier 1 banks, will step down on June 30 after three years in the role and a 32-year car
GameStop’s Ryan Cohen gives up a pay package worth up to $35bn to chase eBay
The Next Web AI 🎯 Management & AI-Era Leadership ⚡ AI Lesson 3mo ago
GameStop’s Ryan Cohen gives up a pay package worth up to $35bn to chase eBay
Ryan Cohen has asked GameStop’s board to remove the performance-based stock award it proposed for him in January scrapping a package that analysts had valued at
WiseTech shares fall as founder Richard White denies a trafficking claim
The Next Web AI 🎯 Management & AI-Era Leadership 3mo ago
WiseTech shares fall as founder Richard White denies a trafficking claim
Reports of an Australian police inquiry into a visa-for-sex allegation knocked billions off the logistics software firm, four months after White returned to its
Amazon says human-in-the-loop AI oversight is failing because humans stop paying attention
The Next Web AI 🎯 Management & AI-Era Leadership ⚡ AI Lesson 3mo ago
Amazon says human-in-the-loop AI oversight is failing because humans stop paying attention
Amazon’s security leadership is arguing against one of the most widely accepted principles in AI governance. Eric Brandwine, VP and distinguished engineer at Am
TechCabal 🎯 Management & AI-Era Leadership 3mo ago
Spiro taps former Indofast Energy chief as group CEO after $215 million raise
Spiro has appointed Anant Badjatya, former Indofast Energy chief executive officer, as its group CEO, in a major leadership shake-up.
Former Citadel quants raised $78M for the AI operating system Wall Street’s wealth managers didn’t have
The Next Web AI 🎯 Management & AI-Era Leadership ⚡ AI Lesson 4mo ago
Former Citadel quants raised $78M for the AI operating system Wall Street’s wealth managers didn’t have
Moment, the fintech company founded by a cohort of former Citadel Securities quantitative traders and researchers, has raised $78 million. The round was led by
Norway’s $2.3 trillion wealth fund objects to John Elkann’s reappointment to Meta’s board
The Next Web AI 🎯 Management & AI-Era Leadership 4mo ago
Norway’s $2.3 trillion wealth fund objects to John Elkann’s reappointment to Meta’s board
Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, has withheld its vote on the reappointment of John Elkann to Meta’s board of
TechCabal 🎯 Management & AI-Era Leadership 4mo ago
uLesson names Iheanyi Akwitti CEO as Sim Shagaya transitions to Executive Chairman role
The transition comes a month after Shagaya announced the launch of Myka, his newly founded insurance startup.
Zuckerberg tells Meta employees the layoffs are about capex, not AI productivity
The Next Web AI 🎯 Management & AI-Era Leadership ⚡ AI Lesson 4mo ago
Zuckerberg tells Meta employees the layoffs are about capex, not AI productivity
At a Thursday town hall, the Meta CEO made the explicit trade-off he had previously left implicit: ‘We basically have two major cost centres in the company: com
Google’s AI researchers told management to refuse classified military work. Management spent three years making sure it could say yes.
The Next Web AI 🎯 Management & AI-Era Leadership ⚡ AI Lesson 5mo ago
Google’s AI researchers told management to refuse classified military work. Management spent three years making sure it could say yes.
More than 580 Google employees, including over 20 directors, senior directors, and vice presidents, have signed a letter urging CEO Sundar Pichai to refuse clas
How Arpit Grawal designed distribution ecosystems for 2.5 Billion consumers in emerging markets
The Next Web AI 🎯 Management & AI-Era Leadership ⚡ AI Lesson 5mo ago
How Arpit Grawal designed distribution ecosystems for 2.5 Billion consumers in emerging markets
Arpit Agrawal’s career has been shaped by a single, consistent focus: expanding access. For more than a decade, he has worked at the intersection of global bran