An anonymous reader quotes a report from Bloomberg: Oracle is trying -- and sometimes struggling -- to attract workers to Nashville, where it is developing a massive riverfront headquarters. The company is hiring for more roles in Nashville than any other US city, with a special focus on jobs in its crucial cloud infrastructure unit. Oracle cloud workers based elsewhere say they've been offered tens of thousands of dollars in incentives to move. Chairman Larry Ellison made a splash in April 2024 when he said Oracle would make Nashville its "world headquarters" just a few years after moving the software company from Redwood City, California, to Austin. His proclamation followed a 2021 tax incentive deal in which Oracle pledged to create 8,500 jobs in Nashville by 2031, paying an average salary above six figures. "We're creating a world leading cloud and AI hub in Nashville that is attracting top talent locally, regionally, and from across the country," Oracle Senior Vice President Scott Twaddle said in a statement. "We've seen great success recruiting engineering and technical positions locally and will continue to hire aggressively for the next several years." Still, Oracle has a long way to go in its hiring goals. Today, it has about 800 workers assigned to offices in Nashville, according to documents seen by Bloomberg. That trails far behind the number of company employees in locations including Redwood City, Austin and Kansas City, the center of health records company Cerner, which Oracle acquired in 2022. A lack of state income tax and the city's thriving music scene are touted by Oracle's promotional materials to attract talent to Nashville. Some new hires note they moved because in a tough tech job market, the Tennessee city was the only place with an Oracle position offered. To fit all of these workers, Oracle is planning a massive campus along the Cumberland River. It will feature over 2 million square feet of office space, a new cross-river bridge and a branch of the ultra high-end sushi chain Nobu, which has locations on many properties connected to Ellison, including the Hawaiian island of Lanai. [...] Oracle has been running recruitment events for the new hub. But a common concern for employees weighing a move is that Nashville is classified by Oracle in a lower geographic pay band than California or Seattle, meaning that future salary growth is likely limited, according to multiple workers who asked not to be identified discussing private information. A weaker local tech job market also gives pause to some considering relocation. In addition, many of the roles in Nashville require five days a week in the office, which is a shift for Oracle, where a significant number of roles are remote. For a global company like Oracle, the exact meaning of "headquarters" can be a bit unclear. Austin remains the address included on company SEC filings and its executives are scattered across the country. The city where Oracle is hiring for the most positions globally is Bengaluru, the southern Indian tech hub. Still, Oracle is positioning Nashville to be at the center of its future. "We're developing our Nashville location to stand alongside Austin, Redwood Shores, and Seattle as a major innovation hub," Oracle writes on its recruitment site. "This is your chance to be part of it."

Read more of this story at Slashdot.

The National Transportation Safety Board said in a report this week that a UPS cargo plane that crashed in Louisville, Ky., last year, killing 15, had a structural flaw that the manufacturer Boeing had previously concluded would not affect flight safety. The New York Times: The N.T.S.B. has said that cracks in the assembly holding the left-side engine in place may have contributed to the November crash, though it has not officially cited a cause. The part had fractured in similar fashion on at least four other occasions, on three different airplanes, according to the report, which cited a service letter that Boeing issued in 2011 regarding the apparent flaw. In the service letter, which manufacturers issue to flag safety concerns or other problems to aircraft owners, Boeing said that fractures "would not result in a safety of flight condition," N.T.S.B. investigators wrote. The plane that crashed was an MD-11F jet, made by McDonnell Douglas, a company that Boeing acquired in the 1990s. It was taking off from Louisville and bound for Hawaii on Nov. 4 when a fire ignited on its left engine shortly after takeoff. The plane crashed into several buildings, including a petroleum recycling facility, on the outskirts of the Louisville Muhammad Ali International Airport. The three crew members on board and 11 people on the ground were killed in the crash; a 12th person on the ground died of injuries sustained during the episode.

Read more of this story at Slashdot.

Amazon wants a federal judge to reject Saks Global's bankruptcy financing plan, writing in court papers the beleaguered department store "burned through hundreds of millions of dollars in less than a year" and failed to hold up their agreement. From a report: When Saks acquired Neiman Marcus for $2.7 billion in December 2024, Amazon invested $475 million into the venture on the grounds the retailer would start selling its products on Amazon's website and the tech company would offer technology and logistics expertise. "That equity investment is now presumptively worthless," Amazon's attorneys wrote in a Wednesday filing, hours after Saks filed for Chapter 11 bankruptcy protection. "Saks continuously failed to meet its budgets, burned through hundreds of millions of dollars in less than a year, and ran up additional hundreds of millions of dollars in unpaid invoices owed to its retail partners." As part of the deal, Saks launched a branded "Saks at Amazon" storefront on the e-commerce company's website featuring a range of luxury fashion and beauty items. It also agreed to pay a referral fee for Saks-branded goods sold on the platform, guaranteeing at least $900 million in payments to Amazon over eight years.

Read more of this story at Slashdot.

White-collar workers stuck in a cycle of layoffs and stagnant wages might want to look past the traditional tech, finance and media job postings to an unexpected source of opportunity: the blue-collar sector, which faces a labor shortage and is seeing rapid transformation through private-equity investment. These jobs are generally less vulnerable to AI, and the earning trajectory can be steep, the WSJ writes. At Crash Champions, a car-repair chain that has grown from 13 locations in 2019 to about 650 shops across 38 states, service advisers start at roughly $60,000 after a six-month apprenticeship and can double that within 18 months, according to CEO Matt Ebert. Directors overseeing multiple locations earn more than $200,000. Power Home Remodeling, a PE-backed construction company, says tech sales professionals earning $85,000 to $100,000 could make lateral moves after a 10-week training program. The share of workers in their early 20s employed in blue-collar roles rose from 16.3% in 2019 to 18.4% in 2024, according to ADP -- five times the increase among 35- to 39-year-olds.

Read more of this story at Slashdot.

McKinsey is asking graduate applicants to "collaborate" with an AI tool as part of its recruitment process, as competence with the technology becomes a requirement in competing for top-level jobs. From a report: The blue-chip consultancy is incorporating an "AI interview" into some final-round interviews, according to CaseBasix, a US company that helps candidates apply for posts at leading strategic consulting companies. In an online post, CaseBasix said candidates in "select final rounds" in the US have been asked to complete tests using McKinsey's internal AI tool, Lilli. They are required to carry out practical consulting tasks with the help of Lilli. "In the McKinsey AI interview, you are expected to prompt the AI, review its output, and apply judgment to produce a clear and structured response. The focus is on collaboration and reasoning rather than technical AI expertise," CaseBasix said.

Read more of this story at Slashdot.

An anonymous reader quotes a report from Network World: The global technology sector eliminated some 244,851 jobs in 2025, according to a report from RationalFX. The U.K.-based financial services company says the worldwide downsizing reflects how companies in 2025 restructured their operations to focus on efficiency, profitability, and AI-driven productivity. The RationalFX analysis, which examined layoffs reported by TrueUp, TechCrunch, and multiple state WARN databases, points to economic uncertainty, elevated interest rates, and accelerating AI and automation adoption as reasons that 2025 marked "another year of sustained downsizing following the post-pandemic correction that began in 2022." Companies indicated that AI and automation were among the most frequently cited drivers for layoffs in 2025. Some companies retrained employees when faced with the technology; many replaced roles entirely, RationalFX reports. "Tech sector layoffs in 2025 displaced hundreds of thousands of workers worldwide as companies accelerated structural resets rather than short-term cost corrections," said Alan Cohen, analyst at RationalFX, in a statement. "While macroeconomic pressures such as high interest rates, trade restrictions, and geopolitical uncertainty continued to weigh on business confidence, the dominant force behind last year's job cuts was the rapid adoption of automation and artificial intelligence." The analysis also uncovered that U.S.-headquartered technology companies were responsible for the majority of job losses, accounting for approximately 69.7% of all global tech layoffs. This resulted in more than 170,000 employees being cut across both domestic and offshore operations from U.S. tech companies. California spearheaded layoffs in the U.S. tech sector this year, with 73,499 job cuts accounting for roughly 43.08% of all tech layoffs in the country, according to the RationalFX report. The report also points out that Washington has seen 42,221 tech jobs cut since the start of the year, accounting for 24.74% of all U.S. tech layoffs. Intel contributed the single largest number of layoffs last year, reducing its headcount from 109,000 people at the end of 2024 to around 75,000 by the end of 2025. Other major U.S. tech companies with large-scale layoffs last year include Amazon (more than 20,000 jobs cut), Microsoft (approximately 19,215 layoffs), Verizon (15,000 employees), Accenture (11,000 employees), IBM (9,000 job cuts), and HP (6,000 roles).

Read more of this story at Slashdot.

JPMorgan Chase's chief financial officer Jeremy Barnum pushed back hard on Tuesday against President Donald Trump's proposed 10% cap on credit card interest rates, calling the measure "very bad for consumers" and "very bad for the economy" during a call with reporters. The proposed one-year cap, which Trump has said he wants implemented starting January 20, sent banking stocks tumbling last week and prompted financial groups to mount a defense. Barnum said JPMorgan would have to "change the business significantly and cut back" if the cap takes effect, adding that he believes the policy would produce "the exact opposite consequence to what the administration wants." Wall Street analysts remain skeptical the proposal will survive, noting that only Congress can enact such a measure. The average credit card interest rate in November stood at 20.97%, according to Federal Reserve data. Financial industry groups have countered that a 10% cap would result in millions of American households and small businesses losing access to credit entirely. A banking industry body called the potential impact "devastating."

Read more of this story at Slashdot.

European hiring momentum is cooling as slower growth and accelerating AI adoption make both employers and workers more cautious. DW.com reports: [Angelika Reich, leadership adviser at the executive recruitment firm Spencer Stuart] noted how Europe's labor market has "cooled down" and how "fewer job vacancies and a tougher economic climate naturally make employees more cautious about switching jobs." Despite remaining resilient, the 21-member eurozone's labor market is projected to grow more slowly this year, at 0.6% compared with 0.7% in 2025, according to the European Central Bank (ECB). Although that drop seems tiny, each 0.1 percentage point difference amounts to about 163,000 fewer new jobs being created. Just three years ago, the eurozone created some 2.76 million new jobs while growing at a robust rate of 1.7%. Migration has also played a major role in shaping Europe's labor supply, helping to ease acute worker shortages and support job growth in many countries. However, net migration is now stabilizing or falling. In Germany, more than one in three companies plans to cut jobs this year, according to the Cologne-based IW economic think tank. The Bank of France expects French unemployment to climb to 7.8%, while in the UK, two-thirds of economists questioned by The Times newspaper think unemployment could rise to as high as 5.5% from the current 5.1%. Unemployment in Poland, the European Union's growing economic powerhouse, is edging higher, reaching 5.6% in November compared to 5% a year earlier. Romania and the Czech Republic are also seeing similar upticks in joblessness. The softening of the labor market has prompted new terms like the Great Hesitation, where companies think twice about hiring and workers are cautious about quitting stressful jobs, and Career Cushioning, quietly preparing a backup plan in case of layoffs.

Read more of this story at Slashdot.

Amazon "has submitted plans for a large-format store near Chicago that would be larger than a Walmart Supercenter," reports CNBC: As part of the plans, Amazon has proposed building a one-story, 229,000-square-foot building [on a 35-acre lot] in Orland Park, Illinois, that would offer a range of products, such as groceries, household essentials and general merchandise, the city said on Saturday. By comparison, Walmart's U.S. Supercenters typically average 179,000 square feet... The Orland Park Plan Commission approved Amazon's proposal on Tuesday, and it will now proceed to a vote from the full village board. That meeting is scheduled for January 19. In a statement cited by CNBC, an Amazon spokesperson called it "a new concept that we think customers will be excited about."

Read more of this story at Slashdot.

Amazon has begun equipping managers with a dashboard that tracks not just whether corporate employees show up to the office but how long they stay once they're there, according to an internal document obtained by Business Insider. The system, which started rolling out in December, flags "Low-Time Badgers" who average less than four hours daily over an eight-week period and "Zero Badgers" who don't badge into any building during that span.

Read more of this story at Slashdot.

Craigslist, the 30-year-old classifieds site that looks virtually unchanged since the dial-up era, continues to draw more than 105 million monthly users and remains enormously profitable despite never spending a cent on advertising or marketing. The site ranks as the 40th most popular website in the United States, according to Internet data company Similarweb. University of Pennsylvania associate professor Jessa Lingel called it the "ungentrified" Internet. Unlike Facebook Marketplace, Etsy, or DePop, Craigslist doesn't use algorithms to track users or predict what they want to see. There are no public profiles, no rating systems, no likes or shares. The site effectively disincentivizes the clout-chasing and virality-seeking that dominates platforms like TikTok and Instagram. Craigslist began in 1995 as an email list for a few hundred San Francisco Bay Area locals sharing events and job openings. Engineer Craig Newmark even recruited CEO Jim Buckmaster through a site ad. The two spent roughly a decade battling eBay in court after the tech giant purchased a minority stake in 2004, ultimately buying back shares and regaining full control in 2015.

Read more of this story at Slashdot.

Amazon is now requiring its corporate employees to submit a list of three to five accomplishments that represent their best work as part of an overhauled performance review process, according to Business Insider, which cites internal documents. The company's internal Forte review system previously asked employees softer questions like "When you're at your best, how do you contribute?" but the new standards place greater emphasis on individual productivity and specific deliverables. Amazon's roughly 350,000 corporate employees must also outline actions they plan to take to continue growing at the company.

Read more of this story at Slashdot.

Longtime Slashdot reader schwit1 shares a report from Reuters: Billionaire entrepreneur Elon Musk persuaded a judge on Wednesday to allow a jury trial on his allegations that ChatGPT maker OpenAI violated its founding mission in its high-profile restructuring to a for-profit entity. Musk was a cofounder of OpenAI in 2015 but left in 2018 and now runs an AI company that competes with it. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, said at a hearing that there was "plenty of evidence" suggesting OpenAI's leaders made assurances that its original nonprofit structure was going to be maintained. The judge said there were enough disputed facts to let a jury consider the claims at a trial scheduled for March, rather than decide the issues herself. She said she would issue a written order after the hearing that addresses OpenAI's bid to throw out the case. [...] Musk contends he contributed about $38 million, roughly 60% of OpenAI's early funding, along with strategic guidance and credibility, based on assurances that the organization would remain a nonprofit dedicated to the public benefit. The lawsuit accuses OpenAI co-founders Sam Altman and Greg Brockman of plotting a for-profit switch to enrich themselves, culminating in multibillion-dollar deals with Microsoft and a recent restructuring. OpenAI, Altman and Brockman have denied the claims, and they called Musk "a frustrated commercial competitor seeking to slow down a mission-driven market leader." Microsoft is also a defendant and has urged the judge to toss Musk's lawsuit. A lawyer for Microsoft said there was no evidence that the company "aided and abetted" OpenAI. OpenAI in a statement after the hearing said: "Mr Musk's lawsuit continues to be baseless and a part of his ongoing pattern of harassment, and we look forward to demonstrating this at trial."

Read more of this story at Slashdot.

LEGO has responded to concerns that its newly announced Smart Brick technology represents a departure from the company's foundation in physical, non-digital play, a day after the official reveal at CES drew criticism from child development advocates. Federico Begher, SVP of Product, New Business, told IGN the sensor-packed bricks are "an addition, a complementary evolution" and emphasized that the company would "still very much nurture and innovate and keep doing our core experience." A BBC News report on the CES announcement noted "unease" among "play experts" at the unveiling. Josh Golin, executive director of children's wellbeing group Fairplay, said he believed Smart Bricks could "undermine what was once great about Lego" and curtail imagination during play. Begher compared the rollout to the Minifigure's gradual introduction decades ago. The Smart Brick launches in March in Star Wars sets including an X-Wing that produces engine sounds based on movement. The technology is screen-free and physical, Begher said, drawing on learnings from previous projects like Super Mario figures where "some of the levels were very prescriptive."

Read more of this story at Slashdot.

An anonymous reader quotes a report from Reuters: Warner Bros Discovery's board unanimously turned down Paramount Skydance's latest attempt to acquire the studio, saying its revised $108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject. In a letter to shareholders on Wednesday, Warner Bros' board said Paramount's offer hinges on "an extraordinary amount of debt financing" that heightens the risk of closing. It reaffirmed its commitment to streaming giant Netflix's $82.7 billion deal for the film and television studio and other assets. Their assessment comes even after Paramount, which has a market value of around $14 billion, proposed to use $40 billion in equity personally guaranteed by Oracle billionaire co-founder Larry Ellison -- father of Paramount CEO David Ellison -- and $54 billion in debt to finance the deal. The decision keeps Warner Bros on track for its deal with Netflix, even after Paramount amended its bid on December 22 to address the earlier concerns about the lack of a personal guarantee from Larry Ellison. Netflix co-CEOs Ted Sarandos and Greg Peters welcomed Warner Bros' decision on Wednesday, saying it recognizes the streaming giant's deal "as the superior proposal that will deliver the greatest value to its stockholders, as well as consumers, creators and the broader entertainment industry."

Read more of this story at Slashdot.

According to Bloomberg, Discord has confidentially filed for a U.S. IPO. Reuters reports: The U.S. IPO market regained momentum in 2025 after nearly three years of sluggish activity, but hopes for a stronger rebound were tempered by tariff-driven volatility, a prolonged government shutdown and a late-year selloff in artificial intelligence stocks. Discord, which was founded in 2015, offers voice, video and text chatting capabilities aimed at gamers and streamers. According to a statement in December, the platform has more than 200 million monthly users.

Read more of this story at Slashdot.

La dernière fois qu’on vous parlait d’Unrecord, c’était en septembre 2024, lorsque le studio DRAMA avait choisi un fonds d’investissement comme soutien financier. À l’époque, ils avaient « sécurisé » 2,5 millions de dollars pour poursuivre le développement. Aussi, c’est avec une certaine surprise que l’on a vu l’annonce « WE ARE FUNDED! » il y a quelques semaines sur leur serveur Discord officiel. Le studio explique qu’ils sont passés de deux à dix développeurs en deux ans, et que les recrutements continuent, mais surtout que grâce à leurs investisseurs – sous-entendu, des nouveaux –, ils ont « enfin le budget nécessaire pour créer UNRECORD et développer le meilleur jeu possible ». Chose assez étonnante, aucun n’est cité ici.

Pour avoir l’info, il faut se tourner vers nos confrères de GamesIndustry.biz, qui l’annoncent dès le titre : c’est Tencent qui allonge la monnaie. On apprend dans leur article que l’éditeur a pris une part minoritaire dans le studio – sans préciser le montant –, ce qui permettra, selon son fondateur, d’étendre le scope et d’accélérer le développement. Apparemment, les équipes du géant chinois suivent le projet depuis un moment, et les ont même « soutenus à chaque étape de [leur] croissance ». C’est un peu nébuleux, mais on peut au moins croire qu’ils se sont un peu renseignés sur le sujet avant de signer le chèque. D’autre part, même si Tencent a craché 1,6 milliard d’euros dans Ubisoft, il semble avoir soudainement découvert le concept de prudence dans ses investissements européens : il a revendu Splash Damage en septembre et Bulkhead en décembre, sans doute parce qu’il ne sentait pas trop leur projet respectif. Pour finir, le journaliste de GamesIndustry.biz renvoie vers un autre de ses articles publié quelques jours auparavant, qui explique que l’éditeur chinois annonçait ne pas vouloir s’immiscer dans la vision créative, mais uniquement intervenir dans leur domaine d’expertise : la finance, la production et le recrutement. Il cite notamment leur incitation à faire de Dying Light: The Beast un standalone plutôt qu’un DLC auprès de Techland, qu’ils avaient racheté 1,6 milliard de dollars en 2024.

Difficile de prédire quoi que ce soit, mais les fondateurs de DRAMA semblent confiants et indiquent qu’on aura enfin des informations sur le jeu dans le courant de cette année. Et ce ne serait pas du luxe. En attendant, vous pouvez toujours ajouter Unrecord à votre liste de souhaits depuis sa page Steam.

L'Iran court-circuite le système bancaire international en proposant son arsenal militaire contre des cryptoactifs, révèle le Financial Times. Via son agence Mindex, le régime réinvente le marché de l'armement sous sanctions, malgré une surveillance accrue de Washington.

Nokia, the Finnish company whose iconic ringtone was played an estimated 1.8 billion times daily at the height of its mobile phone dominance and whose 3310 "brick" sold 126 million units, has reinvented itself again -- this time as a key piece of AI infrastructure. In October, Nvidia announced a $1 billion investment in Nokia and a strategic partnership to incorporate AI into telecommunications networks. The company that was once worth $335 billion and controlled more than a quarter of the global handset market seemed destined for irrelevance after the iPhone's 2007 arrival. A last-ditch bet on Microsoft's Windows phone system in 2011 failed, and Nokia sold its devices division to Microsoft for $6.34 billion in 2014. Revenues had fallen from $44.27 billion in 2007 to $12.56 billion. Nokia rebuilt around its $2 billion acquisition of Siemens' networks stake in 2013, then added French network provider Alcatel-Lucent for $18.32 billion in 2015. Current CEO Justin Hotard, who took over in April, has pushed the company further into cloud services, data centers and optical networks. Nokia acquired optical specialist Infinera for $2.3 billion in February. The company's optical technology enables information to pass between data centers, and it produces routers for cloud-based services.

Read more of this story at Slashdot.

Costco's consistency -- from its $1.50 hot dog and drink combo to its functional shopping carts and satisfied employees -- has produced what The Atlantic calls a "cultlike loyalty" among members at more than 600 locations across the U.S. Its annual membership costs $65. The model traces back to Fedco, a nonprofit wholesale collective for federal employees founded in Los Angeles in the 1940s. Costco's private label Kirkland Signature has become one of the world's largest consumer packaged goods brands while maintaining deliberately understated branding. The company relies on word-of-mouth marketing from satisfied members rather than traditional advertising. Atlantic staff writer Jake Lundberg, who shops at the Granger, Indiana location, describes the stores as spaces of "cooperation, courtesy, and grown-ups mostly acting like grown-ups." Shoppers follow unwritten rules: move along, don't block the way, step aside to check your phone. Checkout lines form orderly queues. The exceptions come near sample stations and before major holidays, when spatial awareness and common courtesy break down.

Read more of this story at Slashdot.