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Meta to slash 10% of workforce to fund $189 billion AI bet

AAP — Thu, 23 Apr 2026 23:46:20 +0000

Meta is set to cut nearly 8,000 jobs as it doubles down on AI, with billions earmarked for infrastructure and top-tier talent.

The post Meta to slash 10% of workforce to fund $189 billion AI bet appeared first on SmartCompany.

The risk of relying on your CFO as the chief figure-it-out officer

Jyotika Rangel — Thu, 23 Apr 2026 05:02:57 +0000

Around 82% of business leaders say the CFO role already includes responsibilities beyond finance, according to Pitcher Partners’ latest Business Radar report.

The post The risk of relying on your CFO as the chief figure-it-out officer appeared first on SmartCompany.

Wolverine star Hugh Jackman joins Humanitix to take on ticketing fees

Simon Thomsen — Wed, 22 Apr 2026 00:28:14 +0000

Humanitix has tapped Hugh Jackman as its head of impact as the fast-growing social enterprise targets $100 million in charitable donations.

The post Wolverine star Hugh Jackman joins Humanitix to take on ticketing fees appeared first on SmartCompany.

E-commerce legends praise Click Frenzy founder after business liquidation

David Adams — Tue, 21 Apr 2026 22:28:36 +0000

Leading names in Australia's e-commerce sector have shared their support after the Click Frenzy and Power Retail founder's frank and vulnerable social media post.

The post E-commerce legends praise Click Frenzy founder after business liquidation appeared first on SmartCompany.

Atlassian lays off 1,600 employees in latest pivot to AI

Simon Thomsen — Wed, 11 Mar 2026 22:11:34 +0000

Australian software giant Atlassian’s share price rose around 2% in after-hours trade following the announcement.

The post Atlassian lays off 1,600 employees in latest pivot to AI appeared first on SmartCompany.

$5,000 “baby money” and double super: How Twoobs is rethinking parental leave

Morganne Kopittke — Tue, 10 Mar 2026 23:12:18 +0000

The Australian footwear brand has introduced a $5,000 “baby money” return-to-work grant, double super on paid parental leave and other family-friendly benefits, urging SMEs to be more creative in supporting working parents.

The post $5,000 “baby money” and double super: How Twoobs is rethinking parental leave appeared first on SmartCompany.

‘Missed opportunity’: Local brands passed over in Victorian government tampon rollout

Morganne Kopittke — Mon, 09 Mar 2026 00:22:52 +0000

A period-care startup is urging governments to prioritise Australian-owned businesses in tender processes after losing out on supplying products for the state’s free pads and tampons program.

The post ‘Missed opportunity’: Local brands passed over in Victorian government tampon rollout appeared first on SmartCompany.

Australia’s gender equality gains mask a growing public divide

Maeve Bannister — Thu, 05 Mar 2026 23:36:09 +0000

Australia has reached its highest-ever global ranking for gender equality, but new data shows nearly half of Australians believe the push for equal rights has already gone far enough.

The post Australia’s gender equality gains mask a growing public divide appeared first on SmartCompany.

The hidden reason why you’re driving women out of your business

Raffaella 'Raffy' Sgroi — Thu, 05 Mar 2026 03:53:00 +0000

If your business quietly rewards overwork, constant availability, and ‘prove it again’ performance, you’re not empowering women, you’re exhausting them.

The post The hidden reason why you’re driving women out of your business appeared first on SmartCompany.

Shutterstock-owned Envato to lay off 200 employees due to AI

Simon Thomsen — Wed, 04 Mar 2026 03:51:13 +0000

The latest restructure comes nearly four years after the company cut around 100 roles in mid-2022 as part of a “renewed and sharpened business focus".

The post Shutterstock-owned Envato to lay off 200 employees due to AI appeared first on SmartCompany.