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Microsoft Shuts Pakistan Operations After 25 Years, Cites Global Restructuring
Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a "troubling sign" for the country's economy.
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UN Slashes Global Aid Plan Over 'Deepest Funding Cuts Ever'
The United Nations said that it was drastically scaling back its global humanitarian aid plans due to the "deepest funding cuts ever" -- leaving tens of millions of people facing dire straits.
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Japan's Panasonic To Cut 10,000 Jobs: Reasons For Layoffs And What's Next For The Tech Giant
Panasonic layoffs: Of the 10,000 employees slated to lose their jobs, half will be workers in Japan.
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Company Responsible For Global IT Outage Last Year To Cut Jobs For AI Use
CrowdStrike became a publicly traded company in 2019 and had a revenue of $1 billion in March for the fourth financial quarter of 2025.
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AI-Driven Automation Could Threaten 40 Percent of Jobs Globally, UN Experts Claim
Artificial intelligence (AI) technology and automation driven by it could soon impact 40 percent of the global workforce, claims a new report by the United Nations Conference on Trade and Development (UNCTAD). The report highlights that by 2033, AI could become a multi-trillion-dollar market. However, the economic growth could be highly concentrate...
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How Much Time Do Professionals Spend Commuting To Office? Report Says...
Thousands of professionals employed in Global Capability Centres (GCCs) in Bengaluru, Hyderabad and the National Capital Region (NCR) spend somewhere between 45 and 55 minutes one way travelling to work, according to a new report.
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Boeing Fires 180 Employees In India Amid Workforce Reduction Plan: Report
Boeing, which has been facing multiple headwinds globally, has around 7,000 staff in India, which is also a key market for the company.
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Budget 2025 Focuses On Digital, AI-Driven Education, Skilling For Global Workforce
Budget 2025: With strategic investments in AI, digital literacy, and higher education infrastructure, the budget aims to enhance global competitiveness.
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AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
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ByteDance's TikTok Cuts Hundreds of Jobs in Shift Towards AI Content Moderation
TikTok is laying off hundreds of employees from its global workforce, including a large number of staff in Malaysia, the company said on Friday. Two sources familiar with the matter earlier told Reuters that more than 700 jobs were slashed in Malaysia.
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'Great Resignation' Enters Third Year As Workers Embrace AI, Upskilling
The proportion of workers who expect to switch employers in the next 12 months is higher than that from the "Great Resignation" period of 2022, a PwC survey of the global workforce found.
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Elon Musk Sacking Senior Tesla Staff To Further Reduce Costs: Report
Elon Musk is firing more people at his electric car company Tesla, after executing layoffs this month that affected 10 per cent of its global workforce, a media report said today.
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Tesla To Fire 10% Workforce, 14,000 Employees Brace For Sacking: Report
Elon Musk-owned electric vehicle maker Tesla is planning to lay off over 10% of its global workforce, citing duplication of roles as the reason behind the job cuts.
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Tesla To Lay Off 10% Of Its Global Workforce: Report
Tesla plans to lay off more than 10 percent of its global workforce, news site Electrek reported Monday, publishing an email from Chief Executive Elon Musk announcing the cuts.
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Sony Lays Off 900 Workers After Warning Of Fall In PlayStation Sales
Sony PlayStation on Tuesday said it was laying off eight percent of its global workforce, as the tech industry continues to suffer a wave of job cuts.
-
Microsoft Shuts Pakistan Operations After 25 Years, Cites Global Restructuring
Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a "troubling sign" for the country's economy.
-
UN Slashes Global Aid Plan Over 'Deepest Funding Cuts Ever'
The United Nations said that it was drastically scaling back its global humanitarian aid plans due to the "deepest funding cuts ever" -- leaving tens of millions of people facing dire straits.
-
Japan's Panasonic To Cut 10,000 Jobs: Reasons For Layoffs And What's Next For The Tech Giant
Panasonic layoffs: Of the 10,000 employees slated to lose their jobs, half will be workers in Japan.
-
Company Responsible For Global IT Outage Last Year To Cut Jobs For AI Use
CrowdStrike became a publicly traded company in 2019 and had a revenue of $1 billion in March for the fourth financial quarter of 2025.
-
AI-Driven Automation Could Threaten 40 Percent of Jobs Globally, UN Experts Claim
Artificial intelligence (AI) technology and automation driven by it could soon impact 40 percent of the global workforce, claims a new report by the United Nations Conference on Trade and Development (UNCTAD). The report highlights that by 2033, AI could become a multi-trillion-dollar market. However, the economic growth could be highly concentrate...
-
How Much Time Do Professionals Spend Commuting To Office? Report Says...
Thousands of professionals employed in Global Capability Centres (GCCs) in Bengaluru, Hyderabad and the National Capital Region (NCR) spend somewhere between 45 and 55 minutes one way travelling to work, according to a new report.
-
Boeing Fires 180 Employees In India Amid Workforce Reduction Plan: Report
Boeing, which has been facing multiple headwinds globally, has around 7,000 staff in India, which is also a key market for the company.
-
Budget 2025 Focuses On Digital, AI-Driven Education, Skilling For Global Workforce
Budget 2025: With strategic investments in AI, digital literacy, and higher education infrastructure, the budget aims to enhance global competitiveness.
-
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
-
ByteDance's TikTok Cuts Hundreds of Jobs in Shift Towards AI Content Moderation
TikTok is laying off hundreds of employees from its global workforce, including a large number of staff in Malaysia, the company said on Friday. Two sources familiar with the matter earlier told Reuters that more than 700 jobs were slashed in Malaysia.
-
'Great Resignation' Enters Third Year As Workers Embrace AI, Upskilling
The proportion of workers who expect to switch employers in the next 12 months is higher than that from the "Great Resignation" period of 2022, a PwC survey of the global workforce found.
-
Elon Musk Sacking Senior Tesla Staff To Further Reduce Costs: Report
Elon Musk is firing more people at his electric car company Tesla, after executing layoffs this month that affected 10 per cent of its global workforce, a media report said today.
-
Tesla To Fire 10% Workforce, 14,000 Employees Brace For Sacking: Report
Elon Musk-owned electric vehicle maker Tesla is planning to lay off over 10% of its global workforce, citing duplication of roles as the reason behind the job cuts.
-
Tesla To Lay Off 10% Of Its Global Workforce: Report
Tesla plans to lay off more than 10 percent of its global workforce, news site Electrek reported Monday, publishing an email from Chief Executive Elon Musk announcing the cuts.
-
Sony Lays Off 900 Workers After Warning Of Fall In PlayStation Sales
Sony PlayStation on Tuesday said it was laying off eight percent of its global workforce, as the tech industry continues to suffer a wave of job cuts.
