News From the World Wide Web

Take 5: Electric vehicles, tariffs and cybersecurity by NH Business Review for Trisha Nail

ELECTRIC vehicles are becoming more common around the world. Today’s EV market makes up nearly a fifth of global car sales (or 18.24%), data from Stocklytics.com found — three times more than in 2020 when sales were just 5.9%. Last year, about 30% of Americans considered buying an EV, and analysts predict that the vehicles will create a $990 billion industry by 2029.

SURVEY results from FlexJobs report that 4 in 5 workers believe CEOs are “overpaid” for their positions. The 2,293-respondent survey found that 69% said they don’t think their company’s CEO could handle their job for a week, at a time when the median salary of CEOs has become almost 200 times higher than the average worker’s wage.

NATIONWIDE, 74% of companies surveyed by ResumeTemplates.com indicate businesses plan to raise prices due to tariffs imposed by the Trump administration, while 25% are actively doing so. Other corporate responses include hiring freezes (38%), delayed raises (33%) and layoffs (27%). Only 18% said they plan to move manufacturing back to the U.S., while 6% — particularly IT support, software development and customer service — will replace skilled U.S. workers with offshore employees.

DATA from Stocklytics.com shows that cybersecurity funding is at a three-year high, growing from $3.2 billion in Q1 2024 to $7.7 billion in Q1 2025, or 140% year-over-year. This comes as cyber crime was found to cost $9.2 trillion in economic impact worldwide last year. Though money raised in funding rounds is high, cybersecurity companies closed 49 funding rounds in Q1 2025.

OF the 750 businesses surveyed by AI Resume Builder, 1 in 8 import-reliant companies say they will replace employees with artificial intelligence amid tariffs to manage costs. Nearly a third using AI over staff anticipate cutting more than 25% of their workforce. Overall, 3 in 10 are accelerating their AI investment.

Compiled by Trisha Nail from press releases and news reports.

Categories: Take 5
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