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300 JOB CUTS
Uber Layoffs: CEO Dara Khosrowshahi Says “This wasn’t a decision we made lightly” as company cuts 3,300 jobs globallyIn a bold move, Uber is set to cut its workforce by roughly ten percent, affecting around 3,300 staff members. This decision is part of a l...
Tech pilgrims flock to China as global innovation race heats upInvestors and entrepreneurs are paying thousands of dollars for rare access to Chinese factories, seeking a front-row seat to what many bel...
Uber layoffs impact India; RMG ban, a year onHappy Thursday! Uber is cutting jobs in India as part of a sweeping global restructuring. This and more in today’s ETtech Morning Dispatch.
Uber may lay off 200-250 employees in India as part of global restructuringGlobally, Uber is eliminating around 3,300 roles, or about 10% of its workforce, as part of a restructuring aimed at reducing management la...
Layoffs at Uber; Astrobase eyes fresh fundraiseUber will cut thousands of jobs in a restructuring move. This and more in today’s ETtech Top 5.
Uber to cut 3,300 jobs in company overhaul to reduce management layersChief Executive Officer Dara Khosrowshahi announced the changes in an email obtained by Bloomberg News, saying that Uber’s growth in recent...
ET Prime Special Series: Multibagger or IBC - Part 74: This auto ancillary has monopoly over a part which EVs can't killFor many old auto suppliers, EVs raise an existential question: Will their product still be required? Here, the debate is different. The ba...
Happiest Minds stake sale: At 82, Ashok Soota’s next act is a ₹1,330 cr healthcare pushAshok Soota is selling a significant stake in Happiest Minds Technologies for Rs 1,330 crore. These funds will support his medical research...
In 1972, Chicago began digging 110 miles of sewer tunnel up to 300 feet down; 50 years on, the Deep Tunnel has captured more than a trillion gallons of combined sewageChicago's Deep Tunnel project has been a vital safeguard for Lake Michigan over the past fifty years. Initiated in 1972, this impressive 11...
In a divided America, the left and right unite to oppose artificial intelligence data centersRural communities face growing concerns over rapid data center expansion. Farmers and environmentalists unite against potential farmland lo...
Michael Dell started his billion-dollar journey in a UT Austin dorm room in 1984; now he and Susan are giving $750 million to build an AI medical campusUS billionaire Michael Dell started his company from a UT Austin dorm room in 1984. Now, more than four decades later, Dell and his wife Su...
Moving to New Zealand? Indian woman says budget for this expense beyond living costsAn Indian woman’s remarks about New Zealand’s transport system have triggered a wider conversation about the realities of settling abroad. ...
Gurgaon rain leaves man stranded, he hitches bike ride to reach ‘Rs 300 crore DLF neighbourhood’A viral post by a YouTuber revealed how he was rescued from Gurgaon's flooded roads by a passing rider after heavy rain submerged parts of ...
Robocop is coming: US got the best brain but China flexes the muscleChina’s robotics industry is rapidly moving from flashy demonstrations to real-world deployment, giving it a potential edge in the global r...
A 3,700-year-old olive tree in Portugal keeps producing olives as old trunk sections sprout again, revealing how one of nature’s longest-lived trees can repeatedly rejuvenate itself across thousands of yearsPortugal is home to olive trees that may be more than 3,700 years old. These ancient trees have survived droughts, wars, changing landscape...
Microdramas boom in a shrinking Hollywood as studios chase a TikTok audienceMicrodramas are reshaping the Hollywood landscape by delivering concise, captivating episodes that resonate with audiences. This innovative...
29-year-old software engineer quit $250,000 job. Invested $150,000 to start a matcha cafe in Manhattan; you won't believe how much she takes homeAfter leaving a high-paying software engineering position, Michelle Yeung chose to pursue her passion for matcha by opening a café called M...
Festive rush: Quick commerce firms to hire 35-40% more temp workers, demand surges for tech-savvy talentQuick commerce platforms anticipate hiring thirty to forty percent more temporary workers this festive season. This surge reflects increase...
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
The AI layoffs are backfiring: Why companies are rehiring employees they let goCompanies are rehiring workers after AI failed to fully replace human expertise. Ford and Klarna found AI could not detect all defects or m...