Economy
Arcadis cuts staff: AI and digital innovation to make 1,000 jobs redundant next year
Engineering firm Arcadis plans to eliminate 1,000 of its 34,000 positions next year as part of a restructuring aimed at improving profitability through artificial intelligence and digital innovations. CEO Heather Polinsky intends to focus on high-growth sectors like data centers and biotechnology while exiting less profitable areas, following the rejection of acquisition offers from Canadian rival WSP earlier this year.
Ozetta summarises; the reporting is the newsroom's