Facility teams everywhere are under growing pressure. Costs are rising, building systems are becoming more complex, and staffing levels aren’t keeping pace. At the same time, most buildings are ...

Canadian flight simulation company CAE Inc. (CAE) is reducing its global workforce by about 2% as part of a broader restructuring effort led by its recently appointed chief executive. Matthew Bromberg ...

CAE Inc. says it is laying off two per cent of its workforce as the flight simulator maker gears down ahead of anticipated spending cuts by commercial airlines. The company says nearly two-thirds of ...

Chief executive Matthew Bromberg, appointed in August with a mandate to double profits over the next three to four years, told employees in a letter that CAE must take “several necessary steps” to ...

CAE Inc. CAE-T is cutting 280 jobs and potentially selling three facilities in Europe as the aviation and defence training company braces for a downturn in spending by its civilian airline customers.

CAE appointed company veteran Pascal Grenier to oversee its defense portfolio as the training and flight-simulation company seeks to grow its defense-and-security business. Grenier, who has been with ...

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Robots and other automation technologies could replace 20% of U.S. jobs over the next two decades, according to economists. Researchers with investment advisory firm Oxford Economics said in a report ...

Cae Cartier was accused in a federal lawsuit of sexually assaulting a woman during a label-funded trip to Miami for an album cover shoot. Rising rapper Cae Cartier may see his career derailed after ...

Microsoft AI CEO Mustafa Suleyman says AI will reach "human-level performance" in white-collar work. He predicts most tasks in that field can be automated within the next 12 to 18 months. Several ...