Today
Cisco plans thousands of jobs cuts in cyber, AI shift
Cisco will reportedly eliminate 4000 jobs in a second round of layoffs this year, as it moves its focus to areas such as cybersecurity and artificial intelligence.
- Ian King
This Month
- Exclusive
- AI
This Aussie unicorn is paying millions for a chief AI officer. Should you?
SafetyCulture is on the hunt for its first AI boss as companies scramble to find executives to help unlock billions of value from the hot technology.
- Tess Bennett
July
Next Capital anoints new partner; sells fancy breadmaker Noisette
Dicembre was integral to the firm’s investment in NZ Bus, and its subsequent exit to Australia’s largest bus network, Kinetic, in 2022.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Two things have killed the post-pandemic job-switching boom
Fewer Australians are switching jobs as employers pull back on recruitment and more employees decide the rewards for moving no longer outweigh the risks.
- Euan Black
Leaving war-torn Ukraine was hard, then this AI worker tried Australia
Tech skills have been in red-hot demand for a decade, but skilled migration has cooled as numerous companies have shed staff in the so-called tech funding winter.
- Tess Bennett
You’re not alone, workers are avoiding becoming managers
Working from home is far from the only enduring workplace trend of the pandemic. It’s clear that our attitudes to work have changed significantly too.
- Euan Black
Why underperforming executives need to be worried
It’s about doing more with less and finding leaders who can operate in that environment, says the managing partner at an executive search firm.
- Euan Black
June
Ex-Gandel Group dealmaker seeks $50m for new private credit fund
The firm has hired former Bank of Melbourne boss Scott Tanner to spearhead the investment committee and advisory board.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Five V Capital poaches Quadrant, Navis Capital dealmakers
Sources said in addition to the mid-level hires, Five V had also picked up half a dozen juniors to work under its six managing directors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Businesses hit the brakes on large pay rises
The pandemic era of inflated salary increases appears to be over as the economy slows and skills shortages ease.
- Euan Black
Madison Dearborn ups APM takeover price to $1.45; deal signed
MDP bumped its acquisition price to $1.45 a share to get APM’s independent board committee over the line.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May
Cbus deputy CIO and head of private markets Alex Campbell resigns
Two years after joining Cbus, Campbell was promoted to head of private markets where her remit broadened to cover $25 billion of FUM
- Sarah Thompson, Kanika Sood and Emma Rapaport
Why it’s harder to sack bad workers
HR managers say they are finding it increasingly difficult to dismiss employees even when they have fair and valid reasons because of provisions protecting staff who exercise workplace rights.
- Euan Black
- Opinion
- Public service
Why headcount matters when it comes to budgets
As any finance chief will attest, the number of bums on seats tells you most of what you need to know about an organisation’s underlying size and costs.
- Tom Burton
- Exclusive
- Workplace
More Australians go above and beyond duty amid job fears
Discretionary effort has hit a four-year-high as workers try to protect themselves from being made redundant, according to global consultancy Gartner.
- Euan Black
March
- Exclusive
- Big four consultants
PwC Australia slashes staff, partners in $100m cost-cutting drive
Embattled professional services firm PwC Australia will swing the axe in a second round of major job cuts in as many years, including up to 37 partners.
- Updated
- Paul Smith and Edmund Tadros
Jobseekers asking more questions about gender pay gap after WGEA data
The publication of large employers’ gender pay gaps has led to more questions from candidates about parental leave policies too.
- Euan Black
February
Rich Lister Christian Beck gets broom out at Leap Legal
ATI also reported a blowout in losses – from $120 million for continuing operations to more than $258.3 million.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘New era’ ASX starts with redundancies as CEO swings axe
Technology staff are the most affected by redundancies before ASX’s half-yearly earnings due on Friday, as it looks to reorganise after its CHESS disaster.
- Paul Smith
January
- Analysis
- Tech Observed
White-collar jobs tumble, but shares soar as investors back AI future
Australian staff are likely to make up some of the 8000 jobs software giant SAP says will be affected by an AI-driven global restructure, as its shares hit a record.
- Paul Smith
