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SoftBank Faces Legal Heat as WeWork’s Creditors Seek Recovery Amid Bankruptcy Fears

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million in January 2024 alone, primarily due to high operating costs and lease obligations. million as of January 2024. Despite nearly two-thirds of the space WeWork has vacated remaining empty, the company could exit about 100 more leases and is negotiating with approximately 400 landlords on new terms, according to CoStar.

Legal 220
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Top Tech Jobs of 2024 and the Skills You Need To Land Them, According to Futurist Shivvy Jervis

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The 4 most in-demand tech jobs of 2024 and beyond Although it might feel like AI is out to replace us , Jervis asserts that it’s, in fact, the opposite. The Ideal Candidate : Someone who is well-versed in AI and has some understanding of the legalities behind technology and AI will be a good fit for this role.

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Should Flexible Working Be A Right, And Not Just A Privilege?

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On the issue of rights versus privileges, rights are typically associated with fundamental human needs and societal standards, and are often legally protected. Workers might organize to negotiate terms that reflect their priorities for flexibility and autonomy, as seen in the concept of bargaining units. In fact, the U.K.

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The New York Times Lawsuit Against OpenAI Could Reshape AI’s Future

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While 2023 witnessed rapid AI advancement, 2024 might see a slowdown as AI companies navigate these new legal complexities. In terms of job market dynamics, the evolving legal landscape around AI could influence job roles, establishing a greater need for professionals skilled in legal, ethical, and compliance aspects of AI.

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New Australian Labor Law Might Redefine the Global Gig Economy

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The debate over the legal status and rights of gig economy workers isn’t unique to Australia. If approved, the “Closing Loopholes Bill” is set to be implemented on July 1, 2024. Many countries worldwide are grappling with similar workforce challenges.

Legal 147
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A Noncompete Clause Ban Is on the Table—Here’s What Employees Should Know

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These groups cited concerns about the potential damage of a ban to their respective industries, highlighted the value these clauses provide in promoting innovation and competition, and even questioned the FTC’s legal authority to enforce such a ban. And that may not come until April 2024 , according to reporting by Bloomberg Law.