Tag: Jobs Sector
Batteries Not Included
September 21, 2022Ken Showers, Managing Editor
When you clicked on this blog today you probably thought I was going to talk about data breaches or cyberattacks, but the joke's on you. That’s right, I refuse to beat that dead horse another week, the cyber-meltdown is taking time off. I’m talking about robots.
Well artificial intelligence, drones, and robots to be precise! The next big thing in the security industry, allegedly. It’s hard not to see it everywhere with A.I. and machine learning algorithms built into data...
Latch layoffs a symptom of slowing tech sector despite strong jobs report
August 16, 2022Ken Showers, Managing Editor
NEW YORK – Last week, smart access SaaS company Latch Inc. announced restructuring in order to increase its operating efficiency.
In the official press release, the company stated the August workforce reduction would affect 115 employees, 37 percent of its full-time employees. “Under this plan, Latch will renew its focus on higher margin activities with customers, continue to grow new high margin recurring revenue, and more closely align its organizational structure...