MANAGING in the

NEW WORLD

The US job market is now facing its greatest crisis in decades, thanks to the onslaught of the COVID- 19 pandemic. To somewhat relieve the pain that jobless individuals may now face, a new AI- powered network has been deployed. Known as the Talent Exchange, this has been developed by the FMI (Food Industry Association) in collaboration with Eightfold.ai. Business consulting giant McKinsey is an active supporter in this initiative. The Talent Exchange is available in fifteen major languages. It is a talent recruitment tool that uses AI to connect people and their skill sets with the kind of roles that companies require people for. This platform seeks to keep a balance between lives and livelihoods, amidst the ongoing pandemic.

Source:https://www.mckinsey.com/about-us/new-at-mckinsey-blog/how-two-organizations-we-served-are-helping-workers-displaced-by-the-coronavirus-crisis-find-new-jobs

Uploaded Date:28 April 2020

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