AGP Executive Report
Last update: 10 hours agoAI and Offshoring: Qantas plans to cut 850 jobs and move some corporate work offshore, prompting unions to question whether AI is driving the changes or being used to justify cost-cutting. India Layoffs: Qualcomm is cutting more than 1,000 roles in India as part of a global restructuring. Banking Jobs: ANZ’s chief defended offshoring after the bank shed nearly 3,500 employees in a year; up to 9,000 of its staff are based in India and the Philippines. India’s Labour Market: Unemployment fell to 5.1% in July-September as rural employment and participation rose, though women’s employment remains a concern. Skills and Growth: Malaysia says its digital and AI plans could generate 300,000 AI-related jobs by 2030, alongside funding to train professionals and help smaller businesses adopt AI. Entrepreneurship: India extended the Stand-Up India scheme to 2031, aiming to support 250,000 more entrepreneurs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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