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...
29 Oct, 2026, 12.33 AM IST
'Dropboxers, today will be your last day': Dropbox lays off 9% of global workforce; CTO Ali Dasdan to step down. Read what the company said in memoDropbox is set to cut approximately 200 jobs as part of its growth-oriented reorganization plan. The focus will be on restructuring teams i...
28 Oct, 2026, 11.50 PM IST
Dropbox announces reduction of global workforce by about 9%In a significant move, Dropbox Inc will reduce its global workforce by roughly 9%, expecting to incur extra costs of $20 million to $25 mil...
28 Oct, 2026, 08.14 PM IST
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...
28 Oct, 2026, 11.50 AM IST
US agency approves Amazon Leo's $11.5 billion acquisition of GlobalstarThe Federal Communications Commission said Tuesday it has approved Amazon Leo's $11.5 billion deal to acquire Globalstar as the retail gian...
28 Oct, 2026, 09.11 AM IST
Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment w...
27 Oct, 2026, 08.06 PM IST
Explained: Microsoft's buyout offer to about 60,000 employeesStaff on select teams in the US, Canada, India, and Britain, at the level of vice president and below. Some groups are excluded, including ...
27 Oct, 2026, 06.15 PM IST
Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer inc...
27 Oct, 2026, 05.35 PM IST
Big Tech earnings a test of the AI boom amid market turmoilInvestors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...
27 Oct, 2026, 03.37 PM IST
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...
27 Oct, 2026, 03.13 PM IST
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...
27 Oct, 2026, 01.57 PM IST
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...
27 Oct, 2026, 12.30 PM IST
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...
27 Oct, 2026, 11.54 AM IST
Why is Verizon stock down today? Verizon Communications Inc share price falls at US Stock MarketVerizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 75...
26 Oct, 2026, 07.51 PM IST
Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWSVerizon is feeling positive about the growth of its wireless subscribers, raising its expectations for postpaid phone additions. The compan...
26 Oct, 2026, 04.32 PM IST
Amazon acquired Bee in 2025, its $49.99 AI bracelet took on $499 gadgets, now its wearable assistant is getting a new pushThe original wearable was called the Bee Pioneer Edition. It was priced at $49.99 and came with a $19 monthly subscription. This offered a ...
21 Oct, 2026, 06.01 PM IST
Amazon to recruit over 300,000 workers for holiday season in first hiring jump in three yearsIn a significant move, Amazon plans to hire over 300,000 employees in the US for the upcoming holiday season, marking its first recruitment...
20 Oct, 2026, 07.04 PM IST