250 Million job losses worldwide in 2020, claims Microsoft president - BBC News

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Source link: https://www.bbc.co.uk/news/business-53444823
Published by: BBC NEWS on 17 Jul 2020
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This video can not be played Lack of jobs will exacerbate inequalities. The world is facing a staggering jobs challenge with a quarter of a billion people set to lose their job this year, the president of Microsoft has said. Brad Smith says millions will need to learn new skills to get jobs, or

even to hang on to their old one, as the digitisation of economies races ahead.

Microsoft recently announced a plan to deliver skills and training to 25 million people globally this year.

It will offer training, skills, certifications and help finding jobs.

The firm will do this with the help of Microsoft-owned LinkedIn. However, Mr Smith admitted that many jobs in many countries would be beyond the reach of digital retraining.

"It's true that the nature of work varies widely around the world. Not all jobs can be digitised, particularly in the developing world.

"We live in a world of internet inequality - if we don't do something about it we are going to exacerbate all the other [...]

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250 Million job losses worldwide in 2020, claims Microsoft president - BBC News

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