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Amazon To Lay Off Up To 15% Of HR Staff Amid AI-Driven Restructuring: Report
CEO Andy Jassy has emphasised AI's central role in Amazon's future, driving efficiency and automation.
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Opinion | RSS At 100: Contradictions Of Imagination
Bhagwat said that except for certain core tenets, everything in the RSS is open to change. That flexibility will be useful for the RSS leadership, which has its job cut out as it tries to steer the ship into open international waters.
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Zee Fundraising Fails As Shareholders Block Founding Goenka Family From Raising Stake
Zee Entertainment Enterprises on Thursday failed to secure the required shareholder votes to raise funds by issuing warrants, blocking plans by the founding Goenka family to increase their stake in the broadcaster.
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Dropbox to Reduce Workforce by 16 Percent, Plans to Hire New Staff for AI Offerings
Cloud storage provider Dropbox said on Thursday it would reduce its global workforce by 16 percent to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. Dropbox's chief executive officer, Drew Houston, said the company's core cloud business growth was slowing as challenges from the economic downturn put pr...
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Vivo, iQoo Planning to Merge Core Business Operations to Increase Efficiency, Cut Costs: Report
Vivo and iQoo are reportedly planning to merge their core business operations, to increase their efficiency and reduce costs. iQoo is a sub-brand of Vivo and the two have been sharing several resources such as R&D, supply chain, and media procurement. But they have operated independently in planning, media strategy, and e-commerce areas.
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Software Giant SAP To Lay Off 3,000 Workers To Focus On "Core Business"
SAP said its jobs cull would cost the company between 250 and 300 million euros, mainly in the first quarter of 2023.
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UP Assembly Polls: Allies Play Key Role In Varanasi
The task is cut out for allies of both the BJP-led coalition and the one headed by the Samajwadi Party to mobilise core voters in Varanasi, where the poll battle is being seen as a test of Prime Minister Narendra Modi's popularity in his constituency
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A New Law In China Will Cut Homework, Tutoring Pressure On Students
China has passed an education law that seeks to cut the "twin pressures" of homework and off-site tutoring in core subjects, the official Xinhua news agency said on Saturday.
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MacBook Pro (13-Inch) With Intel Core i5 Processor Gets Price Cut on Amazon
Apple MacBook Pro with Intel Core i5 processor gets a discount along with an exchange bonus. Check out all the details.
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Nokia Partners With Google to Build Cloud-Based 5G Network
Nokia partnered with Google Cloud unit to build 5G core network infrastructure and allow business customers to offer services such as smart retail and automated manufacturing.
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Samsung Galaxy A71, Samsung Galaxy A51, Samsung Galaxy M01s Price in India Cut By Up to Rs. 1,500
Samsung has announced price cuts on several phones in India. These include the Samsung Galaxy A71, Samsung Galaxy A51, Samsung Galaxy A31, Samsung Galaxy A21s, Samsung Galaxy M01s, and Samsung Galaxy M01 Core.
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Harley-Davidson Likely To Streamline New Model Strategy; Future Models Could Be Shelved
The Coronavirus pandemic hit Harley-Davidson bad and the company is looking to make its operations profitable and efficient. Under the 'Rewire' plan, Harley-Davidson could streamline its new model strategy and cut up to 30 per cent of its new, planned models.
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Volkswagen Brand Freezes New Hiring Until End 2020
Volkswagen has stopped hiring new staff at its core brand until year end, VW's brand's chief said on Wednesday. Despite a slight recovery in demand, car sales remain below levels seen before the coronavirus crisis, Ralf Brandstaetter said in an interview published in an internal VW newsletter, which was seen by Reuters.
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Uber Cuts 600 Jobs In India As Lockdown Hits Business
Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23 per cent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt.
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Ferrari Slowed By Coronavirus, But Not Driven Off Course
Ferrari has cut its 2020 core earnings forecast blaming a hit to motor sport revenues among other pressures, and warning of an extremely tough second quarter, but it still expects to make more than $1 billion in core profit this year.
-
Amazon To Lay Off Up To 15% Of HR Staff Amid AI-Driven Restructuring: Report
CEO Andy Jassy has emphasised AI's central role in Amazon's future, driving efficiency and automation.
-
Opinion | RSS At 100: Contradictions Of Imagination
Bhagwat said that except for certain core tenets, everything in the RSS is open to change. That flexibility will be useful for the RSS leadership, which has its job cut out as it tries to steer the ship into open international waters.
-
Zee Fundraising Fails As Shareholders Block Founding Goenka Family From Raising Stake
Zee Entertainment Enterprises on Thursday failed to secure the required shareholder votes to raise funds by issuing warrants, blocking plans by the founding Goenka family to increase their stake in the broadcaster.
-
Dropbox to Reduce Workforce by 16 Percent, Plans to Hire New Staff for AI Offerings
Cloud storage provider Dropbox said on Thursday it would reduce its global workforce by 16 percent to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. Dropbox's chief executive officer, Drew Houston, said the company's core cloud business growth was slowing as challenges from the economic downturn put pr...
-
Vivo, iQoo Planning to Merge Core Business Operations to Increase Efficiency, Cut Costs: Report
Vivo and iQoo are reportedly planning to merge their core business operations, to increase their efficiency and reduce costs. iQoo is a sub-brand of Vivo and the two have been sharing several resources such as R&D, supply chain, and media procurement. But they have operated independently in planning, media strategy, and e-commerce areas.
-
Software Giant SAP To Lay Off 3,000 Workers To Focus On "Core Business"
SAP said its jobs cull would cost the company between 250 and 300 million euros, mainly in the first quarter of 2023.
-
UP Assembly Polls: Allies Play Key Role In Varanasi
The task is cut out for allies of both the BJP-led coalition and the one headed by the Samajwadi Party to mobilise core voters in Varanasi, where the poll battle is being seen as a test of Prime Minister Narendra Modi's popularity in his constituency
-
A New Law In China Will Cut Homework, Tutoring Pressure On Students
China has passed an education law that seeks to cut the "twin pressures" of homework and off-site tutoring in core subjects, the official Xinhua news agency said on Saturday.
-
MacBook Pro (13-Inch) With Intel Core i5 Processor Gets Price Cut on Amazon
Apple MacBook Pro with Intel Core i5 processor gets a discount along with an exchange bonus. Check out all the details.
-
Nokia Partners With Google to Build Cloud-Based 5G Network
Nokia partnered with Google Cloud unit to build 5G core network infrastructure and allow business customers to offer services such as smart retail and automated manufacturing.
-
Samsung Galaxy A71, Samsung Galaxy A51, Samsung Galaxy M01s Price in India Cut By Up to Rs. 1,500
Samsung has announced price cuts on several phones in India. These include the Samsung Galaxy A71, Samsung Galaxy A51, Samsung Galaxy A31, Samsung Galaxy A21s, Samsung Galaxy M01s, and Samsung Galaxy M01 Core.
-
Harley-Davidson Likely To Streamline New Model Strategy; Future Models Could Be Shelved
The Coronavirus pandemic hit Harley-Davidson bad and the company is looking to make its operations profitable and efficient. Under the 'Rewire' plan, Harley-Davidson could streamline its new model strategy and cut up to 30 per cent of its new, planned models.
-
Volkswagen Brand Freezes New Hiring Until End 2020
Volkswagen has stopped hiring new staff at its core brand until year end, VW's brand's chief said on Wednesday. Despite a slight recovery in demand, car sales remain below levels seen before the coronavirus crisis, Ralf Brandstaetter said in an interview published in an internal VW newsletter, which was seen by Reuters.
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Uber Cuts 600 Jobs In India As Lockdown Hits Business
Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23 per cent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt.
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Ferrari Slowed By Coronavirus, But Not Driven Off Course
Ferrari has cut its 2020 core earnings forecast blaming a hit to motor sport revenues among other pressures, and warning of an extremely tough second quarter, but it still expects to make more than $1 billion in core profit this year.
