The workers’ union at the Irish branch of recruitment company, Indeed, expressed their dissatisfaction and shock upon learning about the firm’s decision to further downsize its global workforce by 8 per cent. The layoff is expected to affect several Dublin-based roles, as reported by Ian Curran.
Laura Slattery, in her latest column, warns about the potential risks of implementing broadcasting restrictions ahead of polling day in this era of deepfakes, proposing a gradual discontinuation of such practices.
Our personal finance feature presents a reader’s predicament regarding the financial and administrative distress connected to setting up joint enduring power of attorney for their mother along with their sibling. The reader ponders any potential revision post-exercise, to which Dominic Coyle contributes an outlook.
Kennedy Wilson profited $99 million from the recent disposal of Dublin’s Shelbourne Hotel. However, there are queries on how the new owners will recuperate their investment considering the premium price paid for this luxury property. An opinion has been shared by Cantillon on this matter.
In the Me & My Money section, Ronan Cunningham, Virtual Reality Gaming’s co-founder and director, reminisces about misplacing €1,000 on the route to the bank. He notes, “Someone in Dún Laoghaire must have had a windfall that day.”
Delayed C&C’s financial results cause embarrassment and worry, opines Cantillon.
Furthermore, Stocktake questions Berkshire Hathaway’s plans concerning its large cash reserves under Warren Buffett’s leadership.
In other news, AI firm Anthropic is introducing its Claude assistant to users in Europe, manifesting on web, mobile platforms, and businesses, reports Ciara O’Brien.