CHECKOUT COUNTER: Artificial intelligence used to hire employees
A weekly round up of the hottest international retail and consumer news. 1. Unilever using AI for hiring Instead of sending representatives to top-notch universities to collect CVs and arrange follow-up interviews, Unilever is using artificial intelligence and algorithms to hire entry-level employees. The consumer goods group says the process has increased diversity and cost efficiency. 2. New deal for Walgreens Walgreens Boots Alliance and Rite Aid have called off their deal after competition authorities indicated they were unlikely to approve the merger of two of the US’s biggest drugstore chains. Walgreens will instead buy nearly half (2,186) of Rite Aid’s stores for US$5.18bn. Walgreens expects about $400m in cost savings from the tie-up. 3. Tesco in job-cutting spree Tesco is to shed 1,200 head office and 1,000 call-centre jobs, it was revealed last week. The retailer, in the midst of a turnaround, has made a series of cutbacks under CEO Dave Lewis. In their attempts to cut cos...
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