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AI LAYOFFS IN FINANCIAL SERVICES
AI is creating more jobs than it destroys in India, but freshers face the squeezeAI is creating more jobs than it destroys in India currently. However, entry-level hiring is declining significantly for young workers. Com...- Paytm to step up AI, financial services investments after first profitable year, Sharma saysThe comments come after a sharp turnaround at One 97 Communications. Paytm reported its first full-year profit of Rs 552 crore in FY26, com...
- California space station startup Vast cuts jobs after $500 million funding round as crypto billionaire Jed McCaleb’s company races to replace ISSSpaceX-linked California startup Vast has cut 46 employees, or about 4% of its workforce, months after raising $500 million. The layoffs at...
- Oracle layoffs August 2026 update: Which employees are at ‘high risk’ as fresh cuts loom and what could the severance package look like?Oracle layoffs 2026: Oracle layoffs could be back, with some teams reportedly facing double-digit cuts as employees worry about job securit...
- Corus layoffs: Canada’s Global News, Global BC and News 640 hit by fresh job cuts just five months after C$500M debt-restructuring bid as broadcaster faces mounting financial pressureCorus layoffs global news: Corus Entertainment has confirmed a fresh round of layoffs across its Canadian television and radio operations. ...
- AI reshapes India's IT services sector contracts as clients demand more for lessOutsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying ...
- Countdown started: Oracle employees may be staring at another '6 am layoff notice' on September 1Oracle is allegedly gearing up for a new phase of job cuts, with managers instructed to pinpoint roles for elimination by September 1. This...
- AI's Bar Mitzvah moment: Aswath Damodaran explains what AI means for businessesAswath Damodaran says AI’s investment debate should shift from hype and skepticism toward evaluating it as a business. He argues revolution...
- AI reshapes India's IT services sector contracts as clients demand more for lessIndustry executives also say they are losing some work entirely as customers use AI to shift tasks in-house, while all the uncertainty that...
- Gujarat pitches AI, GIFT City plans at Chief Minister's US visit, seeks concessional World Bank fundingGujarat's Chief Minister Bhupendra Patel visited the US to promote the state. He presented Gujarat's vision for becoming a global hub for A...
- Oracle isn't alone: These companies have layoffs scheduled for September 2026 as AI, restructuring and cost-cutting reshape jobsIn September 2026, several prominent companies are set to implement significant workforce reductions. Both Oracle and Pinterest are letting...
- Cab driver was laid off from tech, now earns Rs 1.2 lakh a month. He said, 'Rs 40,000 job was just a side income'Pratham, a social media user, shared a conversation with a cab driver who had recently been laid off from a tech company. The driver appear...
- Ex-Kissht cofounders’ firm Rezolv raises $12.5 million, to expand credit servicesThey said the company, which raised $3.5 million in its seed round last year at a $12.8 million post-money valuation, saw its valuation ris...
- The next frontier in finance is not a bank. It is the machinery beneath itThe financial services landscape is evolving, emphasizing the importance of software and data infrastructures. In India, digital payments a...
- Oracle layoffs August 2026: ‘6am layoff email’ may hit inboxes next month on this date as managers asked for names, after 10,000+ workers were cut in MarchOracle layoffs 2026: Oracle employees could face another layoff wave on September 1, with reports suggesting 6am job-cut emails may arrive ...
- Oracle plans more layoffs as AI spending surges. Is the AI jobs apocalypse finally here?Oracle is said to be planning additional job cuts this month, following a substantial reduction in its workforce in the previous fiscal yea...
- Oracle plans fresh layoffs as AI spending piles up billions in debt: ReportOracle is reportedly planning another round of job cuts. This move aims to reduce payroll while investing heavily in AI infrastructure. The...
- AI-linked hiring in India outpaces job losses by over 51,000: NomuraArtificial intelligence is creating more jobs than it is eliminating in India. This technology has resulted in a net positive employment im...
- A US cloud computing company reports $703.1 million in revenue, then announces plans to lay off 5% of its workforceNutanix plans to reduce its global workforce by approximately five percent. This strategic move aims to enhance operational efficiency and ...
- 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...
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