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AI REPLACING IT OUTSOURCING JOBS
Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demandThe debut adds to signs that investor appetite for companies supporting the AI buildout remains robust, as hyperscalers and technology fir...
Decoding BPM 3.0 at the intersection of agility, adaptability, and AIThe dawn of BPM 3.0 is here and it is marked by what industry experts term as “process reimagination”. For the three-and-a-half to close to...
Kerala-born Alhind to handle visa, passport & consular matters for Indians in UAEKerala's Alhind Tours and Travels LLC is set to become the sole outsourced provider for Indian passport, visa, and consular services across...
India eyes open source, homegrown AI amid access curbs on frontier modelsIndia is championing open-source and homegrown AI models to counter potential access restrictions on advanced frontier technologies. The IT...
Majority of Dell servers now made in India amid surge in local AI demandDell Technologies is significantly boosting its local manufacturing in India, with most servers now produced domestically to meet growing d...
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...
'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 ...
Mehbooba claims party workers placed under house arrest to foil protests over 'backdoor appointments'PDP chief Mehbooba Mufti alleged that the NC government placed party leaders and workers under house arrest to suppress protests against al...
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...
BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
J&K outsourcing recruitment row: NC rebuts PDP's 'backdoor jobs' chargeJammu and Kashmir's ruling National Conference and opposition PDP are locked in a bitter dispute over recruitment via outsourcing. The PDP ...
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 ...
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...
Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
Meet former Google engineer Aashna Doshi who quit her high-paying job to start a podcast and a startupAashna Doshi, a former Google engineer, has embarked on a new venture, launching her AI startup, Bounty. Driven by a desire for creative fr...
EMA Partners India acquires digital RPO services provider Taggd in Rs 95 crore all-cash dealEMA Partners India has acquired Taggd, a digital RPO provider, for Rs 95 crore in an all-cash deal. This strategic move integrates executiv...
AI will amplify IT services demand, not replace it: Infosys chairman Nandan NilekaniInfosys is aggressively pursuing the AI-first services market, projecting a $300-400 billion opportunity by 2030. Chairman Nandan Nilekani ...
AI won’t replace Infosys, will amplify it: Nandan Nilekani bets big on $1 bn AI surgeInfosys Chairman Nandan Nilekani expressed confidence in the company's AI-driven future, stating AI will amplify, not replace, businesses t...
AI is coming for your job, but what If it also paid you $60,000 a year?