Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
23 Jul, 2026, 09.24 AM IST
Amazon cuts jobs in its artificial general intelligence groupArtificial general intelligence is a hypothetical AI system that surpasses human intelligence and can learn, grow and operate autonomousl...
22 Jul, 2026, 11.16 PM IST
Meta employees' lawsuit shows that if AI fires you, proving it is the hard partA Meta Platforms lawsuit claims AI tools unfairly targeted employees for layoffs. Workers face difficulties proving AI discrimination due t...
22 Jul, 2026, 05.12 PM IST
The Project-Driven OrganizationIn an era when adaptability and innovation are paramount, organizations are recognizing the pivotal role of projects in driving success. In...
20 Jul, 2026, 05.56 PM IST
Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
20 Jul, 2026, 05.05 PM IST
Samsung cuts US jobs, offers relocations ahead of HQ moveSamsung Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affecte...
19 Jul, 2026, 10.08 AM IST
US judge won't block Meta from laying off workers who filed AI discrimination lawsuitDistrict Judge William Orrick in Oakland, California, in a written order said he would not stop Meta from carrying out the layoffs beginnin...
17 Jul, 2026, 11.08 PM IST
Meta used AI to target workers with medical conditions for layoffsTwenty-six former Meta employees filed a lawsuit alleging AI-driven layoffs discriminated against disabled workers. The suit claims the com...
15 Jul, 2026, 02.36 PM IST
Meta employees sue, alleging AI-driven layoff picks hit workers on medical, parental leaveMeta faces a lawsuit from twenty-six employees alleging AI selection for layoffs. These workers claim the company's systems unfairly target...
15 Jul, 2026, 02.18 PM IST
120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be nextGlobal technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automa...
09 Jul, 2026, 06.02 PM IST
Microsoft layoffs: Xbox veteran Kevin LaChapelle never posted on LinkedIn for 37 years; used his first post to announce he was laid offMicrosoft layoffs 2026: Kevin LaChapelle departed Microsoft after thirty-seven years of dedicated service. He was among approximately sixte...
09 Jul, 2026, 01.01 PM IST
Microsoft layoffs: Here's the severance package employees are getting after latest job cutsMicrosoft offers up to 39 weeks of pay and continued benefits to laid-off workers. This generous package includes stock vesting and health ...
09 Jul, 2026, 11.21 AM IST
35,000 tech roles on the chopping block as AI takes the wheel at ITBetween 10,000 and 15,000 tech professionals faced so-called silent layoffs till May, according to staffing firm TeamLease, which projects ...
09 Jul, 2026, 10.54 AM IST
CarDekho joins IPO queue; Tech’s quiet job cutsHappy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.
09 Jul, 2026, 07.46 AM IST
Microsoft shares fall over 1% after company announces to layoff 4,800Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the dee...
06 Jul, 2026, 09.57 PM IST
Microsoft cuts 4,800 jobs as it revamps XboxMicrosoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that wil...
06 Jul, 2026, 09.23 PM IST
Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
06 Jul, 2026, 08.39 PM IST