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India-US Trade Deal "Will Strengthen Make In India Endeavours": S Jaishankar
External Affairs Minister S Jaishankar on Tuesday welcomed the India-US trade agreement, saying it will spur growth in both economies and strengthen the country's 'Make in India' endeavours.
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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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Who Is Beth Galetti, Amazon's HR Chief Who Announced Major Layoffs
Beth Galetti announces Amazon's plan to cut 16,000 corporate roles globally to streamline operations and reduce bureaucracy.
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Bitcoin Slips to $109,000 as Traders React to Uncertainty Over Future US Fed Rate Cuts
Bitcoin’s price hovered near $109,900 (roughly Rs. 97.5 lakh) on Friday after the Federal Reserve’s cautious remarks dampened risk appetite. Despite a 25bps rate cut earlier in the week, comments by Fed Chair Jerome Powell signalled uncertainty on future policy moves, dragging the broader crypto market lower. Ethereum and major altcoins also de...
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Layoffs Are Piling Up, Here Are Some Companies That Have Cut Jobs Recently
Amid wider economic uncertainty, some analysts have said that businesses are at a "no-hire, no fire" standstill. That's caused many to limit new work to only a few specific roles, if not pause openings entirely.
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Target To Cut 1,800 Corporate Jobs To Remove "Layers, Overlapping Work"
About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs, a company spokesperson said.
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Indian Woman On H-1B Visa Laid Off by Meta, Receives Job Offers Online
Based in Seattle, the woman joined Meta as a research scientist earlier this year, but was laid off after just nine months.
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Meta To Cut 600 Jobs In AI Division To Streamline Operations
Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday.
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Amazon Is Reportedly Planning to Replace Half a Million Workers With Robots and Automation
Amazon is reportedly planning to replace human workers with AI-powered robots to cut costs and boost efficiency. Internal documents suggest the company could avoid hiring around 6,00,000 US workers by 2033 through warehouse automation. To soften backlash, executives are reportedly advised to use terms like “advanced technology” or “cobots” ...
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AI Push Drives Record Job Cuts At Top Private Employer TCS
Tata Consultancy Services Ltd. made its steepest-ever job cuts as strained ties with the US and a rapid shift toward artificial intelligence reshape the country's $280 billion IT services sector.
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India-US Trade Deal "Will Strengthen Make In India Endeavours": S Jaishankar
External Affairs Minister S Jaishankar on Tuesday welcomed the India-US trade agreement, saying it will spur growth in both economies and strengthen the country's 'Make in India' endeavours.
-
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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Who Is Beth Galetti, Amazon's HR Chief Who Announced Major Layoffs
Beth Galetti announces Amazon's plan to cut 16,000 corporate roles globally to streamline operations and reduce bureaucracy.
-
Bitcoin Slips to $109,000 as Traders React to Uncertainty Over Future US Fed Rate Cuts
Bitcoin’s price hovered near $109,900 (roughly Rs. 97.5 lakh) on Friday after the Federal Reserve’s cautious remarks dampened risk appetite. Despite a 25bps rate cut earlier in the week, comments by Fed Chair Jerome Powell signalled uncertainty on future policy moves, dragging the broader crypto market lower. Ethereum and major altcoins also de...
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Layoffs Are Piling Up, Here Are Some Companies That Have Cut Jobs Recently
Amid wider economic uncertainty, some analysts have said that businesses are at a "no-hire, no fire" standstill. That's caused many to limit new work to only a few specific roles, if not pause openings entirely.
-
Target To Cut 1,800 Corporate Jobs To Remove "Layers, Overlapping Work"
About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs, a company spokesperson said.
-
Indian Woman On H-1B Visa Laid Off by Meta, Receives Job Offers Online
Based in Seattle, the woman joined Meta as a research scientist earlier this year, but was laid off after just nine months.
-
Meta To Cut 600 Jobs In AI Division To Streamline Operations
Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday.
-
Amazon Is Reportedly Planning to Replace Half a Million Workers With Robots and Automation
Amazon is reportedly planning to replace human workers with AI-powered robots to cut costs and boost efficiency. Internal documents suggest the company could avoid hiring around 6,00,000 US workers by 2033 through warehouse automation. To soften backlash, executives are reportedly advised to use terms like “advanced technology” or “cobots” ...
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AI Push Drives Record Job Cuts At Top Private Employer TCS
Tata Consultancy Services Ltd. made its steepest-ever job cuts as strained ties with the US and a rapid shift toward artificial intelligence reshape the country's $280 billion IT services sector.
