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AI and the Workforce: Industry Report Calls for Reskilling and Upskilling as 92 Percent of Technology Roles Evolve

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Leading technology and workforce development companies release comprehensive report, analyzing AI’s impact on top technology jobs and outlining immediate training opportunities

News Summary:

“The Transformational Opportunity of AI on ICT Jobs” report finds that 92 percent of jobs analyzed are expected to undergo either high or moderate transformation due to advancements in AI.Led by Cisco, created by Consortium members, and analyzed by Accenture, the new report identifies essential trainings in AI literacy, data analytics and prompt engineering for workers seeking to adapt to the AI revolution.The AI-Enabled ICT Workforce Consortium consists of Cisco, Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft and SAP. Advisors include the American Federation of Labor and Congress of Industrial Organizations, CHAIN5, Communications Workers of America, DIGITALEUROPE, the European Vocational Training Association, Khan Academy and SMEUnited.

SAN JOSE, Calif., July 31, 2024 /PRNewswire/ — Today, the AI-Enabled ICT Workforce Consortium–led by Cisco (NASDAQ: CSCO) with industry leaders Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft and SAP, along with key advisors–released its inaugural report, “The Transformational Opportunity of AI on ICT Jobs.” This comprehensive analysis provides an unprecedented look at the effects of artificial intelligence on nearly 50 top information and communication technology (ICT) jobs, offering actionable training recommendations to enable an AI-powered workforce.

Entry-level and mid-level ICT professionals are at the forefront of AI transformation

The initiative and resulting report seek to empower workers to reskill and upskill with recommendations underscored by today’s evolving job requirements. With the introduction of technology and tools such as ChatGPT, Gemini, Midjourney and further emergence of AI tools, workers must prepare for digital work environments increasingly adept at mimicking human capabilities. According to a recent World Economic Forum study, 58 percent of surveyed employees believe their job skills will change significantly in the next five years due to AI and big data.

“AI represents a never-before-seen opportunity for technology to benefit humankind in every way, and we have to act intentionally to make sure populations don’t get left behind,” said Francine Katsoudas, Chief People, Policy & Purpose Officer, Cisco, and founding member of the AI-Enabled ICT Workforce Consortium. “Across the Consortium member companies, we have made it our collective responsibility to train and upskill 95 million people over the next 10 years. By investing in a long-term roadmap for an inclusive workforce, we can help everyone participate and thrive in the era of AI.”

Key Findings: Every Job Becomes an AI-Influenced Job

Key findings from the report offer a holistic view of the impact of AI on ICT jobs, empowering workers and employers to embrace the AI-driven future of work:

92 percent of ICT jobs analyzed are expected to undergo either high or moderate transformation due to advancements in AI.Entry-level and mid-level ICT professionals are at the forefront of AI transformation with 40 percent of mid-level positions and 37 percent of entry level positions expected to have high levels of transformation.As AI continues to redefine job functions, certain skills will rise in importance (such as AI ethics, responsible AI, prompt engineering, AI literacy, Large Language Models [LLM] architecture and agile methodologies), while others may become less relevant (traditional data management, content creation, documentation maintenance, basic programming and languages, and research information).Foundational skills are needed across ICT job roles for AI preparedness, including AI literacy, data analytics and prompt engineering.

Actionable Insights for Workers and Employers

The Consortium report provides a thorough examination of AI’s impact on 47 information and communication technology roles across seven job families via a Job Transformation Canvas. The roles were selected based upon the highest volume of job postings for the period of February 2023-2024 in the U.S. and Europe, according to Indeed Hiring Lab. Taking a skills-based approach, the Job Transformation Canvas describes each role inclusive of a job description, principal tasks and corresponding skills. 

The Job Transformation Canvas goes further to outline how AI will influence each role and identify future skills required, skills made less relevant by AI as well as those complemented by it. Workers can use the Job Transformation Canvas as a training companion as they ready for an AI-fueled job market. Employers can leverage the report as a training development guide to cultivate and enable their AI-ready workforces.

Read the report

The AI-Enabled ICT Consortium report resides at https://www.cisco.com/c/m/ai-enabled-ict-workforce-consortium.html for workers and employers to navigate jobs roles of interest–from business analyst and data scientist to IT manager to information security specialist–across seven job families including: business and management, cybersecurity, data science, design and user experience, infrastructure and operations, software development, and testing and quality assurance. Each ICT job receives an AI-impact evaluation with detailed recommendations for reskilling and upskilling. The core skills and training recommendations enable employers to take immediate action. 

Our Commitment to Training

The report complements the Consortium members’ commitment to building an inclusive workforce with family-sustaining and economy-developing opportunities. Consortium members have committed to developing worker pathways particularly in job sectors that will increasingly integrate AI technology. To that end, Consortium members have established forward-thinking goals with skills development and training opportunities to positively impact over 95 million individuals around the world over the next 10 years. Consortium member goals include:

Cisco to train 25 million people with cybersecurity and digital skills by 2032.IBM to skill 30 million individuals by 2030 in digital skills, including 2 million in AI by the end of 2026.Intel to empower more than 30 million people with AI skills for current and future jobs by 2030.Microsoft committed to training and certifying 10 million people in digital skills by 2025, surpassing this goal by training and certifying 12.6 million people a year ahead of schedule.SAP to upskill two million people worldwide by 2025.Google has recently announced over $130 million in funding to support AI training and skills for people across the US, Europe, Africa, Latin America and APAC.

Expanding Impact to Empower Workers and Employers Across the Globe

In June 2024, in response to feedback from leaders across the globe, the AI-Enabled ICT Workforce Consortium expanded its scope to include all G7 countries—adding Canada, Japan and the United Kingdom to the analysis of the most in-demand ICT job roles. During the next phase of Consortium work, analysis of jobs and presentation of best practices will be inclusive of the additional countries. The Consortium also plans to introduce an AI Workforce Playbook, designed to empower SMBs and large companies to upskill their workforce proactively.

Support from AI-Enabled ICT Workforce Consortium Members

Accenture

“As we look to unlock the full promise that AI brings, it is essential that we equip people with the skills they will need, and which they are eager to learn. The far-reaching impact of this technology demands that we design learning pathways that will position everyone to have deeper AI skills as the work in our industry requires. The initial report from the Consortium is an important step to turn aspiration to action – with specific reskilling recommendations that can accelerate progress for individuals, organizations, and society.” – Ellyn Shook, Chief Leadership & Human Resources Officer at Accenture 

Eightfold

“This report clearly demonstrates the immediate impact of AI on almost any career, regardless of industry or size. Creating a talent-centered organization, in which the entire workforce can learn and grow responsibly, is the next step for every successful business.” – Ashutosh Garg, Co-CEO and Co-founder at Eightfold AI

Google

“The benefits of AI must be accessible to every worker. We’re proud to support the Consortium’s new research, which will advance our shared vision to equip all workers with the AI skills they need to succeed in the jobs of today and tomorrow.”  – Lisa Gevelber, Founder of Grow with Google

IBM

“At IBM, we have been investing in the future of work through access to education and training opportunities for decades. The findings of this report further highlight the significant need for upskilling and reskilling, particularly with the rise of AI. Now, those in the ICT sector — from students to workers to employers — have the data about which jobs will change, how they will change, and what individuals and employers can do to prepare for this shift and remain competitive in the evolving global labor market.” – Lydia Logan, Vice President, Global Education and Workforce Development at IBM

Indeed

“We are excited by the impactful work this group is doing to understand the likely impact of AI on ICT workers and provide employers with the resources to support their workforce through this transformation. Indeed’s mission is to help people get jobs. As AI skills rise in prominence, we’re prioritizing skills-first hiring, to help job seekers demonstrate their AI capabilities and to connect employers to the broadest possible pool of talented job seekers across a broad range of industries.” – Hannah Calhoon, Head of AI Innovation at Indeed

Intel

“We believe AI represents a paradigm shift with great potential to deliver new opportunities and tools, and our goal is to advance AI responsibly to help solve the world’s most significant challenges. Training, upskilling and reskilling workers on how to collaborate with AI and be critical thinkers is vital to our workforce and our next generation of innovation.” – Christy Pambianchi, Executive Vice President and Chief People Officer at Intel Corporation

Microsoft

“AI can be a tool that empowers workers around the world, but they must have the skills to use it. That’s why Microsoft has committed to helping people and communities around the world gain new and necessary AI skills, and this new report contains important recommendations to take the global workforce into the future.” – Naria Santa Lucia, General Manager, Skills for Social Impact at Microsoft

SAP

“What stands out from this research beyond the undeniable needs for responsible AI development and broad AI literacy across all ICT jobs, is the necessity for all roles to enhance their higher-order skills, such as critical thinking, creativity, and complex problem-solving. Beyond the initial adoption of AI, we believe evaluating the second-order effects of these skills shifts will highlight which skills will be commoditized and which will be differentiating in the future.” – Nicole Helmer, Vice President & Global Head of Development Learning at SAP

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide technology leader that securely connects everything to make anything possible. Our purpose is to power an inclusive future for all by helping our customers reimagine their applications, power hybrid work, secure their enterprise, transform their infrastructure, and meet their sustainability goals. Discover more on The Newsroom and follow us on X at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

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SOURCE Cisco Systems, Inc.

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Chemours Announces Dates for Third Quarter 2026 Earnings Release and Webcast Conference Call

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WILMINGTON, Del., Oct. 21, 2026 /PRNewswire/ — The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced that the Company expects to issue its third quarter 2026 financial results after market on Monday, November 2, 2026.

The Company expects to hold its conference call to discuss its third quarter 2026 financial results at 8:00 a.m. Eastern Standard Time on Tuesday, November 3, 2026. The call is open to the public and can be accessed via the webcast information below. The webcast and materials can be accessed by visiting the “Events and Presentations” section of the Investor Relations section of Chemours’ website at investors.chemours.com.

Conference Call: Please visit investors.chemours.com for a link to the live webcast and to view the accompanying slides.

Replay: A webcast replay will be available at investors.chemours.com.

About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn. 

CONTACTS:

INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3300 
investor@chemours.com 

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

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SOURCE The Chemours Company

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AGEDB Announces Preliminary Technical Evaluation of Graph Database and AI Data Platform Opportunities

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VANCOUVER, BC, Oct. 21, 2026 /CNW/ — AGEDB Technology Ltd. (TSXV: AGET) (“AGEDB” or the “Company”) announces that it is evaluating opportunities to re-engage in its historical graph database business area through preliminary architectural design and technical assessment of potential AI data platform applications, following its entry, on September 16, 2026, into a memorandum of understanding (the “MOU”) with a Korea-listed company exploring opportunities to enter the AI sector (the “Korean Company”).

The Company previously disclosed that it had discontinued its graph database management system operations during the year ended April 30, 2025 and was seeking new business opportunities. The Company is now assessing potential opportunities to leverage its existing Apache AGE-related technology and experience. These preliminary evaluations should not be interpreted as a resumption of full-scale development or commercial operations.

Under the MOU, AGEDB and the Korean Company contemplate evaluating an integrated package combining locally installed PostgreSQL and Apache AGE relationship-analysis database technology with an AI agent. The MOU also contemplates a separate “Personal AI Operating System” evaluation track, referred to as “AGE Brain,” for potential use in user-controlled computing environments. The proposed applications remain conceptual and subject to further technical and commercial assessment.

The contemplated preliminary work includes architectural design and technical evaluation of approaches to connecting relational data with graph-based relationships and supporting AI-assisted information retrieval and analysis. The parties may consider proof-of-concept testing and pilot activities, but no timeline or commitment to undertake such activities has been established under the MOU.

The MOU has a one-year term. Except for provisions expressly identified as binding, it is non-binding and does not require either party to complete development, launch or commercialize a product, make an investment, commit personnel, pay development fees, or enter into a definitive commercial agreement. Specific project scope, deliverables, schedules, responsibilities, costs and any commercialization terms remain subject to further discussions and, where applicable, separate written agreements. Each party will bear its own evaluation costs unless otherwise agreed in writing.

The Company’s evaluation remains preliminary. No product launch, commercial revenue or definitive commercialization arrangement has been agreed, and there can be no assurance that the parties will proceed with development, that the proposed platform will be completed or commercialized, or that the Company will obtain the resources required to advance the opportunity.

AGEDB may also explore potential collaborations with AI development companies in Korea and other markets, subject to available resources and further assessment.

AGEDB Technology Ltd.

On behalf of the board of directors,

“Jungsoo Kim”
CEO

About AGEDB Technology Ltd.

AGEDB Technology Ltd. is a technology company listed on the TSX Venture Exchange under the symbol “AGET.” The Company is focused on developing and pursuing opportunities in data intelligence, graph database technology and applied artificial intelligence.

Forward-Looking Information

This news release contains forward-looking information, including statements regarding the Company’s development activities, the proposed AI data platform, potential proof-of-concept and pilot activities, and possible future collaborations and commercialization. Forward-looking information is based on management’s current expectations and assumptions and is subject to risks and uncertainties that could cause actual results to differ materially. The memorandum of understanding is generally non-binding, and there can be no assurance that the parties will proceed with or complete any development, pilot, product launch or commercial arrangement, or that AGEDB will enter into additional collaborations. Readers are cautioned not to place undue reliance on forward-looking information. AGEDB undertakes no obligation to update such information except as required by applicable securities laws.

SOURCE AGEDB Technology Ltd.

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Bose Corporation Acquires Skullcandy, Expanding Its Consumer Audio Portfolio to Reach New Audiences

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Acquisition follows a successful partnership between the two companies and advances Bose’s evolution into a multi-brand products and technology company

FRAMINGHAM, Mass. and PARK CITY, Utah, Oct. 21, 2026 /PRNewswire/ — Bose Corporation, a global leader in audio innovation and research, announced today it has acquired Skullcandy, a lifestyle audio brand known for its bold products that bring together sound, style and performance. Bose and Skullcandy have each spent decades finding new ways to bring people closer to the music they love. Together, they’ll combine Bose’s audio expertise, technology and global reach with Skullcandy’s design, understanding of its consumers and authentic community connections to create new products and experiences and accelerate growth.

The acquisition follows a multi-year partnership that has already brought Sound by Bose technology to Skullcandy earbuds and headphones. The companies have seen firsthand how their strengths can come together to create products consumers love while staying true to what makes Skullcandy special, providing a foundation to accelerate further collaboration and innovation.

With a strong position at the intersection of audio, lifestyle and culture, Skullcandy will remain a separate brand within Bose’s Premium Consumer Audio business. Skullcandy’s deep roots in boardsports, including longstanding relationships with passionate supporters of the culture and its athletes, and authentic connections across music, gaming, fitness and other communities present new ways for Bose to meaningfully connect with consumers where it has less presence today.

“For more than 60 years, Bose has been committed to delivering incredible audio experiences however and wherever people choose to listen. As we work to reach even more people, we’re expanding how we do that, not only through Bose products, but through technology partnerships and a growing portfolio of brands,” said Lila Snyder, Chief Executive Officer of Bose Corporation. “As a privately held company, we have the freedom to make bold, long-term investments in opportunities we believe in, and Skullcandy is a great example of that. They have an established, thriving brand, and together we see tremendous opportunity to create new products and experiences and reach more consumers around the world.”

“We believe this is a win for Skullcandy and our fans,” said Brian Garofalow, Chief Executive Officer of Skullcandy. “Skullcandy was born on a chairlift in Park City, Utah, over 20 years ago, and we’ve always believed great music should be part of the experiences people love. Joining Bose gives us the opportunity to make those experiences even better by bringing more of their audio expertise and technology to our products, and it opens up even more ways to take Skullcandy further.”

Bose plans to invest in Skullcandy’s continued growth, providing greater access to technology, resources, global distribution and commercial relationships while giving the brand the freedom to continue evolving in ways that are authentic to its identity and consumers. Skullcandy will continue to be based in Park City, Utah.

Bose acquired Skullcandy from a fund managed by Mill Road Capital Management LLC, a Connecticut-based private investment firm. Jones Day acted as Bose’s legal counsel. Additional information, including financial and other terms of the transaction, will remain confidential.

About Bose Corporation
Bose Corporation is a global leader in audio innovation, driven by a singular belief: sound has the power to transform the way people connect with the world. For more than 60 years, Bose has combined pioneering research, engineering excellence, and a deep understanding of human perception to create products and technologies that deliver extraordinary experiences. Through its portfolio of iconic brands, including Bose, McIntosh, Sonus faber, and Skullcandy, the company offers premium and luxury audio solutions for the home, on the go, and in the car. Bose also collaborates with leading companies across industries, extending its audio expertise and technologies into new products, platforms, and applications beyond its own brands. 

Guided by a relentless spirit of innovation and a passion for what sound makes possible, Bose continues to advance the science and art of sound while expanding its impact on everyday life. From music and entertainment to communication, wellness, and emerging applications, Bose is creating new ways for people around the world to feel more connected, inspired, and engaged through the power of sound.

About Skullcandy
Founded in 2003 on a chairlift in Park City, Utah, Skullcandy is the original lifestyle audio brand. With deep roots in action sports culture, Skullcandy creates headphones, earbuds, and speakers that deliver powerful sound, bold style, and immersive experiences. Designed to move with you—from the mountains to the streets—Skullcandy gear is built to perform and made to stand out. Learn more at www.Skullcandy.com.

Contact

Joanne Berthaume
Joanne_berthaume@bose.com

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SOURCE Bose Corporation

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