According To Slack Report, AI Usage Has Increased By 60% Since September 2023

60%

Nearly 32% of desk workers globally have used AI tools for work, boosting employee experience, engagement, and productivity. According to a Slack report polling 10,045 workers in six countries, AI usage has risen by 60% since September 2023. Among AI users, 80% reported improved productivity, particularly in writing, research, workflow automation, and summarization. Additionally, AI users reported higher scores in work-life balance (26%), sense of belonging (32%), and job satisfaction (31%). Despite 96% of executives feeling urgent about AI integration, 93% of non-users cite trust issues as a barrier.

40,000

Love’s Travel Stops has launched a new learning program called "Fuel Your Growth" through this program 40,000 both full-time and part-time employees in the U.S can access free tuition assistance and skill development. The program includes high school and undergraduate degrees, certifications, boot camps, and language classes from institutions like Yale and Cornell. This initiative aims to retain employees amidst a 4% separation rate in retail, compared to 3.3% for the overall U.S. job market, as per Bureau of Labor Statistics.

1,000

Microsoft plans to lay off over 1,000 employees in 2024, including HoloLens and Azure department cuts. HoloLens layoffs follow limited investment in mixed reality, despite ongoing contracts with the U.S. Department of Defense. Additionally, "hundreds" of Azure employees, particularly in the Azure for Operators and Mission Engineering teams, will also be affected due to a strategic shift towards AI. Earlier in the year, Microsoft cut approximately 1,900 jobs from its gaming division, including Activision Blizzard, following its acquisition.

24

Citi now offers 16 weeks of paid leave to all new parents in the U.S. and Puerto Rico, with an additional 8 weeks, Citi is offering 24 weeks of paid leave for birth parents. They also provide 2 weeks of paid leave annually to care for a serious illness for a family member. This 24-week parental leave aligns with Morgan Stanley and Barclays' policies. Goldman Sachs offers 20 weeks for secondary caregivers, while JPMorgan Chase, BNY Mellon, and Wells Fargo offer 16 weeks for all new parents, with Wells Fargo providing an additional 4 weeks for secondary caregivers.

$1,000

Walmart announced that part and full-time hourly associates can earn up to $1,000 in annual bonuses, scaling with years of service. The company also launched a pilot program to train 100 associates in Dallas-Fort Worth for technician jobs. Store manager salaries are projected to increase from $117,000 to $128,000 annually, with potential bonuses up to 200% of base salaries. Target also announced it would double bonuses for salaried employees in March.