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He was laid off. Then got a role bigger than his previous one. But he is far from happy: 'I consider this the biggest downfall...'A Hyderabad based employee shared how he once went from earning more than Rs 2 lakh a month to earning just over Rs 40,000 per month as his...- Career warning for Gen Z: How IT industry's AI obsession will create a purchasing power crisis, Zoho's Sridhar Vembu explainsZoho co-founder and Chief Scientist Sridhar Vembu has warned that the IT industry's growing focus on AI is reducing new hiring, as companie...
- IT industry not creating new jobs, funds diverted to AI, data centre costs: Sridhar VembuIn a post on social media platform X, Vembu noted that while the IT industry, including Zoho, has avoided large-scale layoffs, it has faile...
- AI, data centre costs are slowing IT hiring, Zoho Founder Sridhar VembuZoho Corporation's founder notes IT job growth is slowing significantly. Funds are now diverted to rising artificial intelligence and data ...
- More dialogue needed between youth & policymakers as AI creating uncertainty about jobs: Ex - NITI Aayog VCFormer NITI Aayog Vice Chairman Rajiv Kumar urged policymakers to engage with India's youth. He highlighted youth frustration over job pros...
- Wall Street Week Ahead: Teetering US stock market faces jobs report, big earnings weekInvestors await US employment data and corporate results this week. Market direction remains uncertain due to geopolitical tensions and int...
- Global workforce layoffs now reach Indian shoresThe people said omnichannel retailer Walmart’s restructuring this May affected around 1,000 employees at Walmart Global Tech India, includi...
- Goldman Sachs Asset Management launches AI investment platform: ReportGoldman Sachs Asset Management has launched AlphaAI, an artificial intelligence investment platform. Lou D'Ambrosio will lead this new plat...
- If CrAIze slows, India can play catch-upWall Street banks are now creating AI bonds as a solution to manage credit risk, reflecting investor worries over extensive borrowing for A...
- AI jobs not safe? Indian engineer on H-1B visa loses job after working for 6 years at Fortune 500 company; seeks career advice from netizensAn Indian AI engineer lost his job and faces visa uncertainty in the United States. He is seeking advice on returning to India or pursuing ...
- Up to 12 pc of non-agri jobs at risk of substitution due to Gen AI: ReportIn a special report, Wall Street brokerage Goldman Sachs said the labour market impacts of gen-AI are expected to be "uneven" and it looks ...
- GenAI may replace up to 12% of India's non-farm jobs, says Goldman SachsGenerative AI could substitute twelve percent of Indian non-agricultural jobs. Forty-eight percent of jobs will likely be complemented by t...
- Paytm founder Vijay Shekhar Sharma calls AI a once-in-a-generation opportunity for IndiaPaytm Founder Vijay Shekhar Sharma sees artificial intelligence as a major opportunity. India can create new jobs and economic growth throu...
- Gen-AI to boost India's labour productivity by 0.4 percentage points annually over next decade: Goldman SachsOver the next decade, generative AI is poised to significantly enhance India's labour productivity, particularly in knowledge-driven sector...
- JanAI shares roadmap to prepare India’s higher education system for an AI-driven economyJanAI shared a draft report with NITI Aayog on preparing India's higher education for AI. The report examines shifts in higher education an...
- AI rejecting your job applications? Here's how to beat algo and make your resume ATS-friendly in under 15 minutesMany job applications are now filtered by AI and Applicant Tracking Systems. Understanding these systems is crucial for job seekers today. ...
- Global Market | AI boom, market correction risks emerge as major credit threats: FitchRatings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...
- Fitch warns AI market correction emerging as major global credit riskRatings agency Fitch warns of significant AI-related market correction risks. Unprecedented AI spending and soaring tech valuations raise c...
- Freshers offer first month's salary for job referrals amid tough hiring marketAmid fierce competition, new graduates are resorting to offering their first paycheck for job referrals. This strategy underscores the diff...
- US faces risk of 'massive capital destruction' as Chinese AI models challenge hyperscalers: JefferiesThe United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI ...
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