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IT Union Files Dispute Against TCS Over Layoffs, Karnataka May Also Intervene
The Karnataka State IT/ITeS Employees Union (KITU) has filed an industrial dispute against Tata Consultancy Services (TCS) over its proposed layoffs.
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TCS Market Valuation Erodes By Rs 28,149 crore Since Layoff Announcement
Tata Consultancy Services (TCS) has lost Rs 28,148.72 crore from its market valuation in two days after the company announced that it will lay off about 12,000 employees of its global workforce this year.
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IT Ministry Keeping Close Watch On Tata Consultancy Services' Layoffs Situation: Report
The IT Ministry is keeping a close watch on the developments after Tata Consultancy Services' (TCS) decision to lay off over 12,000 employees, according to sources.
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Tata Consultancy Services' Shares Drop After Layoff Announcement
Shares of tech major Tata Consultancy Services (TCS) were trading lower on Monday, following the company's announcement to lay off around 12,200 employees in FY26.
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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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IT Union Files Dispute Against TCS Over Layoffs, Karnataka May Also Intervene
The Karnataka State IT/ITeS Employees Union (KITU) has filed an industrial dispute against Tata Consultancy Services (TCS) over its proposed layoffs.
-
TCS Market Valuation Erodes By Rs 28,149 crore Since Layoff Announcement
Tata Consultancy Services (TCS) has lost Rs 28,148.72 crore from its market valuation in two days after the company announced that it will lay off about 12,000 employees of its global workforce this year.
-
IT Ministry Keeping Close Watch On Tata Consultancy Services' Layoffs Situation: Report
The IT Ministry is keeping a close watch on the developments after Tata Consultancy Services' (TCS) decision to lay off over 12,000 employees, according to sources.
-
Tata Consultancy Services' Shares Drop After Layoff Announcement
Shares of tech major Tata Consultancy Services (TCS) were trading lower on Monday, following the company's announcement to lay off around 12,200 employees in FY26.
-
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.
