Job Seekers with AI Skills Get Higher Wages - Exceeding $174,000

47% 

According to Indeed report, job seekers hitting the market with generative AI skills can anticipate average salaries exceeding $174,000, with a 47% salary boost compared to the others without the skills. Essential skills that contribute to job seekers commanding higher salaries include deep learning, computer vision, and specific software languages like Rust or PyTorch. 

1,600 

As per Nike’s announcement of a cost-savings plan in December, the company is planning to layoff approximately 2% of its workforce, equivalent to over 1,600 employees based on the company's latest annual report of 83,700 workers. Nike stated that these actions aim to optimize the organization for significant growth opportunities amid robust interest in sport, health, and wellness.  

25% 

Away, the direct-to-consumer luggage brand is undergoing an organizational restructuring involving a 25% reduction in its internal staff and the elimination of a traditional executive team structure. The decision reflects the brand's recognition of the need for a more nimble approach in response to evolving consumer trends. Away aims to focus on strategic areas like brand building, community experiences, retail expansion, and product innovation to maintain its position as an innovative leader in the travel category.  

10% 

Toast, the restaurant management software maker, will lay off 550 employees (10% of its workforce), incurring charges of $45 million to $55 million, mainly in the first quarter. Toast’s revenue increased almost 35% year over year during the quarter, despite reporting Q4 earnings that exceeded expectations. 

27% 

27% of Gen X marketers (aged 44-59) feel more job security compared to a year ago, while over half of their Gen Z counterparts express increased confidence, according to the 2024 Career and Salary Survey. The disparity in career confidence between the more experienced Gen X and the younger Gen Z reflects the challenging recruitment landscape.