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Oracle Reportedly Considering 30,000 Job Cuts to Fund AI Data Centre Expansion
Oracle is reportedly considering cutting between 20,000 and 30,000 jobs to fund its artificial intelligence (AI) data centre buildout. As per the report, several US banks have backed out of funding the company’s ambitious plans to build AI data centres after raising questions about the company’s ability to handle such a large-scale project.
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Apply Now For Senior Research Assistant Position At IIM Lucknow
Applications open at IIM Lucknow for Senior Research Assistant position. The role involves field surveys, interviews, data analysis, and report writing. Postgraduate degree and experience required.
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OBC Representation Remains Starkly Unequal In Madhya Pradesh Government Posts: Report
The report, compiled from data provided by 55 government departments, shows that out of 12,09,321 sanctioned posts, only 7,21,412 are filled.
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From Retail Sales To Job Reports, Government Shutdown Delays Key US Economic Data
The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the direction of the US economy.
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Trump Fires Official Overseeing Jobs Data After Dismal Employment Report
President Donald Trump on Friday called for the firing of the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported.
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Google Cuts About 200 Staff in Global Business Unit: Report
Google has cut about 200 jobs across its global business unit. Big Tech players have been redirecting spending towards data centers and AI development, while scaling back investments in other areas.
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Ola Electric Says Government Sought Information on Sales-Registration Data Mismatch
Indian authorities have asked Ola to explain the mismatch between its vehicle sale and registration numbers for February, which were caused by a "temporary" backlog in registrations. Ola has been facing mounting challenges, from declining sales to increased regulatory scrutiny since last year.
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E-Commerce Vendors Created 1.6 Crore Jobs In India, 35 Lakh For Women: Report
E-commerce has been a key driver of employment generation in India and online vendors have likely generated 15.8 million (almost 1.6 crore) jobs in the country that includes about 3.5 million (35 lakh) for women, a report said today.
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India's Unemployment Rate Decreased From 7% In 2022 To 3.1% In 2023: Report
India's unemployment rate decreased to 3.1 per cent in 2023, down from 7 per cent in 2022 amid robust government policies, a report showed on Thursday.
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India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.
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Oracle Reportedly Considering 30,000 Job Cuts to Fund AI Data Centre Expansion
Oracle is reportedly considering cutting between 20,000 and 30,000 jobs to fund its artificial intelligence (AI) data centre buildout. As per the report, several US banks have backed out of funding the company’s ambitious plans to build AI data centres after raising questions about the company’s ability to handle such a large-scale project.
-
Apply Now For Senior Research Assistant Position At IIM Lucknow
Applications open at IIM Lucknow for Senior Research Assistant position. The role involves field surveys, interviews, data analysis, and report writing. Postgraduate degree and experience required.
-
OBC Representation Remains Starkly Unequal In Madhya Pradesh Government Posts: Report
The report, compiled from data provided by 55 government departments, shows that out of 12,09,321 sanctioned posts, only 7,21,412 are filled.
-
From Retail Sales To Job Reports, Government Shutdown Delays Key US Economic Data
The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the direction of the US economy.
-
Trump Fires Official Overseeing Jobs Data After Dismal Employment Report
President Donald Trump on Friday called for the firing of the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported.
-
Google Cuts About 200 Staff in Global Business Unit: Report
Google has cut about 200 jobs across its global business unit. Big Tech players have been redirecting spending towards data centers and AI development, while scaling back investments in other areas.
-
Ola Electric Says Government Sought Information on Sales-Registration Data Mismatch
Indian authorities have asked Ola to explain the mismatch between its vehicle sale and registration numbers for February, which were caused by a "temporary" backlog in registrations. Ola has been facing mounting challenges, from declining sales to increased regulatory scrutiny since last year.
-
E-Commerce Vendors Created 1.6 Crore Jobs In India, 35 Lakh For Women: Report
E-commerce has been a key driver of employment generation in India and online vendors have likely generated 15.8 million (almost 1.6 crore) jobs in the country that includes about 3.5 million (35 lakh) for women, a report said today.
-
India's Unemployment Rate Decreased From 7% In 2022 To 3.1% In 2023: Report
India's unemployment rate decreased to 3.1 per cent in 2023, down from 7 per cent in 2022 amid robust government policies, a report showed on Thursday.
-
India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.
