A total of 49 organisations across Australia will deliver local jobs, local people projects aimed at helping people move into secure employment.
Employees affected by the transition will be offered redeployment opportunities, reskilling support and career transition services.
Fan underlines how the gap between laggards and forward-looking organisations often comes down to whether employees are encouraged to learn, experiment with, and embrace AI in their day-to-day work.
Employees in North America were instructed to work remotely on Wednesday as notifications related to the layoffs and transfers are expected to be issued.
The crisis is spreading through global labour markets at a time when many economies are still struggling with weak growth and fragile employment conditions.