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...
02 Jul, 2026, 12.43 AM IST
Techie claiming to be Microsoft employee says he is about to be laid off, but is 'relieved': 'Watching good people...'A techie claiming to be a Microsoft employee, anticipating his job loss, found unexpected relief instead of distress. For months, he observ...
01 Jul, 2026, 04.47 PM IST
Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
01 Jul, 2026, 07.41 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
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
US stocks today: US stocks set for strongest quarter in years as risk appetite holds despite US-Iran warUS stock markets are showing remarkable strength, with major indexes poised for their best quarterly gains in years despite global uncertai...
30 Jun, 2026, 08.15 PM IST
US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
30 Jun, 2026, 08.03 PM IST
NBCUniversal may enter video game business after Comcast split, sources sayNBCUniversal is exploring new avenues in digital gaming and entertainment franchises following its planned spinoff from Comcast. Meanwhile,...
30 Jun, 2026, 10.45 AM IST
Comcast to split its cable business from media through NBCUniversal and Sky spinoffComcast is set to divide into two separate, publicly traded entities, spinning off its NBCUniversal and Sky media assets. This strategic mo...
29 Jun, 2026, 04.13 PM IST
Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
29 Jun, 2026, 04.06 PM IST
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...
29 Jun, 2026, 01.13 PM IST
Volkswagen key shareholder pitches producing Chinese car models in GermanyGermany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost...
28 Jun, 2026, 03.13 PM IST
Hyderabad techie, earning Rs 23,000 per month, is desperate for a job with lesser pay: 'By the time I get home...'A young Hyderabad engineer, earning ₹23,000 monthly, revealed on Reddit her desperate wish for a pay cut to escape a grueling six-day work ...
28 Jun, 2026, 12.47 AM IST
European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
27 Jun, 2026, 09.32 AM IST
Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
26 Jun, 2026, 03.52 PM IST
Chinese AI models up to 50 times cheaper as enterprises reassess OpenAI, Anthropic costs: JPMorganThe report titled "Semiquincententacles: The US Grip on Global Markets," said growing cost pressures are prompting businesses to reconsider...
25 Jun, 2026, 07.17 PM IST
United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...
25 Jun, 2026, 11.25 AM IST