AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
01 Jul, 2026, 09.20 AM IST
Fear and anger brew inside Meta amid AI frenzyA frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveil...
01 Jul, 2026, 08.15 AM IST
ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...
01 Jul, 2026, 06.00 AM IST
S&P 500, Dow Jones and Nasdaq close the first half of 2026 higher as chip stocks lead Wall Street: Here's why the US stock market ended June strongS&P 500, Dow Jones and Nasdaq today June 30: US markets concluded the first half of 2026 on a high note, with the S&P 500, Dow Jones, and N...
01 Jul, 2026, 04.28 AM IST
Amazon's AWS commits $1 billion toward new unit for embedded AI engineersThe company is committing an initial $1 billion to the initiative with the goal of sending five to six pods of engineers to customers for 4...
30 Jun, 2026, 09.59 PM IST
Weak hiring is hurting young workers more than AI, study saysA new Federal Reserve study reveals that a scarcity of job openings, not a lack of AI skills, is the primary driver of unemployment among y...
30 Jun, 2026, 04.37 PM IST
'AI FOMO': Why this Google techie left the tech giant even after getting Rs 9.5 crore salaryA former Google account executive, Yousuf Imran, quit his high-paying job after earning nearly $1 million, citing fears of layoffs and the ...
30 Jun, 2026, 04.13 PM IST
Vocus plans $343 million Sydney-Melbourne fibre link to meet AI demandMacquarie-backed Vocus is set to invest A$500 million in a new fibre network connecting Sydney and Melbourne by 2029. This pioneering ducte...
30 Jun, 2026, 12.28 PM IST
Along came an alien prompt: A day in the life of a software engineerThe role of an IT engineer has been rewritten over the past two years. Against the backdrop of persistent layoff fears, ET speaks to a cros...
30 Jun, 2026, 06.00 AM IST
SBI ordered to pay Rs 20 lakh compensation each to sweepers; HC says bread is costlier than bloodEnding a 27-year legal fight, the Orissa High Court ordered a public sector bank to pay Rs 20 lakh each to two daily-wage sweepers. The cou...
29 Jun, 2026, 02.39 PM IST
Employers across globe continue to have confidence in MBA graduates despite AI boom: GMAC reportGlobal employers maintain strong faith in MBA graduates, with over half believing business degrees are more crucial than ever as technology...
28 Jun, 2026, 12.05 PM IST
AI unlikely to trigger 'Job Apocalypse', it may create uneven workforce disruption: Goldman Sachs ReportA Goldman Sachs report suggests that concerns regarding an impending 'AI job apocalypse' may be overstated. Over the next decade, while AI ...
26 Jun, 2026, 11.15 AM IST
AI is plowing through the workplace. This new group wants to help people adapt and have jobsA newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from ar...
26 Jun, 2026, 10.23 AM IST
Amazon to invest additional $13 billion in India AI, cloud infrastructure by 2030Amazon is injecting an additional $13 billion into India's AI and cloud infrastructure by 2030, bringing its total planned investment to ov...
25 Jun, 2026, 02.57 PM IST
More than 10% AI solutions and machine learning engineer jobs in India waiting to be filled: Randstad Digital reportIndia faces a significant AI talent crunch, with one in ten AI solutions lead and machine learning engineer job postings unfilled. While In...
23 Jun, 2026, 03.32 PM IST
Talent shortage slows AI project progress beyond pilot stagesIndia faces a looming AI talent crisis, with projections indicating a shortage of over a million professionals by 2027. Companies are strug...
23 Jun, 2026, 06.00 AM IST
AI to manage AI? Claude creator says prompt engineering is ending too, just like software engineering. Reveals what's nextThe AI landscape is shifting as experts predict the decline of prompt engineering. Instead, "loop engineering" is emerging, where AI agents...
22 Jun, 2026, 04.10 PM IST