AGP Executive Report
Last update: 4 hours agoMalaysia’s Workforce Agenda: KESUMA says employers must prioritize local applicants and prepare for a phased minimum-wage rise to RM2,000 from June 2027, with smaller firms given time to adjust. Separately, 35 recipients were recognized for workplace safety as Malaysia sets a 2026–30 plan to strengthen standards; HRD Corp is offering employers up to 100% interest waivers on overdue training levies. Hiring and Layoffs: A U.S. survey found more than eight in 10 companies surveyed aren’t hiring for new roles, citing uncertain demand and AI taking on work that might otherwise go to new hires. Microsoft’s voluntary exit offer could reach about 60,000 eligible employees across the U.S., UK, Canada and India, while Amazon is cutting about 250 jobs in its devices unit. AI in HR: Serval raised $150 million at a $3 billion valuation as it expands AI workflow automation into HR and other business teams, underscoring how quickly workplace automation is moving beyond IT.
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