Friday, January 20, 2023

Sources: Wayfair plans to lay off over 1,000 employees, or 5%+ of its staff, due to shrinking sales; the online furniture seller cut ~870 jobs in August 2022 (Wall Street Journal)

Wall Street Journal:
Sources: Wayfair plans to lay off over 1,000 employees, or 5%+ of its staff, due to shrinking sales; the online furniture seller cut ~870 jobs in August 2022  —  Online furniture retailer has struggled with shrinking sales  —  Tech Layoffs Pile Up as Bosses Reverse Course  —  Created with sketchtool.



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UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published what it called the world's first guidance on auditor AI usage (Ellesheva Kissin/Financial Times)

Ellesheva Kissin / Financial Times : UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published...