The job outlook doesn't look terrific for the coming year, at least according to statistics published by the American Management Association (www.amanet.org). Nearly two-thirds of business execs surveyed forecasted that their U.S. workforce would either remain the same or decrease in 2003. On average, those who reported a downsizing estimated a loss of 7.8% of their workforce. Top reasons for eliminating jobs: Organizational restructuring (44%); Lower demand for products (40%); and improved efficiency (31%). There's good news, though: 89% of execs say that they plan to give raises and bonuses to their employees this year.
Sciaky, provider of electron-beam additive manufacturing (EBAM) services, will start selling these machines commercially in September. The company has used its EBAM 3D printing technology for making very large, high-value, metal prototypes and production parts for aerospace and defense OEMs.
At this year’s Google I/O, the spotlight was pointed on gender inequality in the high-tech industry. Google has established a new initiative that it hopes will even out the playing field, Made w/Code. Part of this initiative will fund free online courses in basic coding.
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