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With many companies maintaining the "efficiency" mindset, and hiring for tech jobs remaining low, according to the iCIMS Insights April 2024 Workforce Report, innovation is at risk. Madan says companies tend to act based on fear of missing out, but this behavior can stall technological innovation. This process can be messy, which is why experts say any conversation centered around efficiency must also include innovation. Digital transformation is a core pillar of business strategy for 84% of technology and business leaders, according to the TEKsystems report. On the innovation front, he added, "The best organizations are the ones that synthesize human input with AI collaboration."
Persons: It's, Mark Zuckerberg, Ricardo Madan, they've, Zuckerberg, Madan, Chris Duffey, Duffey, Duffy Organizations: Meta, IBM, Tech, Adobe, Google, Bureau of Labor Statistics Locations: Menlo Park, Meta, California, TEKsystems, U.S
Five other cases are pending in the same court accusing Twitter of violating those laws, targeting female workers for layoffs and discriminating against employees with disabilities. Twitter laid off roughly 3,700 employees, or half its workforce, in early November in a cost-cutting measure by Musk, who paid $44 billion to acquire the social media platform. Twitter and Maryland-based TEKsystems, named as a defendant in the lawsuit, did not immediately respond to requests for comment. Liss-Riordan said she also has filed complaints in private arbitration on behalf of more than 1,700 former Twitter employees and contractors who signed agreements to arbitrate legal disputes. Reporting by Daniel Wiessner in Albany, New York; Editing by Alexia Garamfalvi and Richard ChangOur Standards: The Thomson Reuters Trust Principles.
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