Israeli software company building work management platforms
The Times of Israel reports that the strengthening shekel is raising costs for Israeli tech firms and forcing some to cut costs, shift hiring abroad, and consider relocating R&D. Authorities are under pressure to support exporters and startups as the currency remains strong and inflation risks stay elevated.
JPMorgan has restructured its AI leadership, retiring its AI chief and aligning the chief data and analytics office with Global Technology. The changes aim to integrate AI delivery into business units and sustain momentum in AI initiatives, as the bank emphasizes governance and external engagement.
A wave of AI adoption is changing how companies evaluate workers, hire, and define job roles. Leaders are balancing performance metrics with new tools while concerns over fairness and training persist. Early surveys show AI’s impact on hiring and layoffs varies by sector and company strategy.