After laying off thousands, Meta now offers voluntary exit packages like Google and Microsoft. Here's all you need to knowMeta has launched a voluntary exit programme in France, designed to reorganize its team while pivoting towards artificial intelligence deve...
Google extends voluntary buyout offers to employees in several countriesThe move comes amid mounting AI spending that has unnerved Wall Street and dented Alphabet's stock price. Microsoft last week offered volun...
First husband, then wife lose their tech jobs in US, newborn baby at home and healthcare coverage worries. Heartbreaking post highlights growing anxiety among tech workersHa Nguyen, a founder and managing partner, shared the heartbreaking story of a US-based tech couple who lost their jobs one after another w...
Canva to cut about 22% of staff as growth slowdown triggers restructuringAustralian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restr...
Canva may announce another round of layoffs in November, report claims; hiring freeze also possibleCanva appears to be bracing for possible layoffs or a hiring freeze after recently downsizing their team by cutting 32 employees from the t...
L&T pushes IT and engineering arms to accelerate growth beyond 15%Larsen and Toubro is focusing on raising revenue growth in its services arms, LTM and LTTS. Currently, these companies grow at about 10-11 ...
IIT and IIM graduates shun startups as AI jobs gain appeal amid rising startup activity in IndiaOnly 79 IIT alumni and 20 IIM alumni launched new tech startups between January and August this year, compared to 307 IIT graduates and 71 ...
Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
Amid layoffs, Sam Altman has an advise for MBA grauates that can keep them employable for a longer periodOpenAI CEO Sam Altman has urged MBA graduates to explore new opportunities created by artificial intelligence instead of following outdated...
Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact...
Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big TechAmazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...
Amazon announces second round of layoffs this month, cuts 250 jobs in devices unitAmazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cu...
Innodata layoffs: AI data services company fires 550 employees in IndiaAround lunchtime on Monday, employees began losing access to company systems and received termination emails on their personal accounts, th...
Meet Rajesh Ambati, the Indian-origin vice-president of engineering at AppleRajesh Ambati, a software engineer of Indian descent, has recently ascended to vice-president of engineering at Apple. In this new role, he...
No layoffs in 101 years: CEO of a company that has never laid off workers says businesses should cut costs elsewhere instead of firing employeesAs Microsoft offers voluntary buyouts to around 60,000 employees amid heavy AI investment, the CEO of a 101-year-old syrup maker says busin...
What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workersMicrosoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Ca...
Layoffs: Microsoft, Amazon, HP among companies reducing staff due to AI pushRecent developments reveal that leading tech firms like Microsoft and Amazon are making substantial job cuts due to the rise of AI technolo...