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HUAWEI LAYOFFS
AI in 2025: 25 milestones including mega deals, bubble fears, job cuts, talent wars and moreIn a transformative year, AI captured headlines with significant funding and elevated valuations for emerging startups. The existing tech b...- Urban Company founders sell stock; Alibaba ups AI anteFounders of Urban Company have sold shares in the run-up to the firm's IPO. This and more in today’s ETtech Top 5.
- 'The tsunami is coming': China's global exports are just getting startedWhile China focuses on industrial expansion, domestic consumer spending remains weak due to a housing market crash and limited social safet...
- FAME 3 rollout soon; Euler Motors fundraiseThe next edition of the electric vehicle incentive scheme is likely to be unveiled within months of the new government taking charge. Detai...
- Exclusive: Top-deck shuffle at Amazon India; social media firms and anti-deepfake toolsAmazon has started significant top-level restructuring of its India management team under vice president and country head Manish Tiwary.
- Infosys Q1 net profit jumps 11% to Rs 5,945 crore; Fresh layoffs begin at DunzoThe company sharply cut its FY24 revenue growth estimate on the back of an uncertain global environment. Infosys now sees revenue growing j...
- SoftBank's Arm China lays off workers as outlook grimThe layoffs come as SoftBank tries to set up a public listing for Arm this year.
- Decoding startup angel tax on foreign investors; govt may notify data embassy policy as part of new Data BillPopular deal structures and valuation approaches employed by Indian startups could take a hit as the central government extends angel tax p...
- CCI’s Google fines draw global interest; crypto giant Binance to acquire rival FTXAntitrust regulators in Australia and Germany are among those following recent action by the Competition Commission of India against Google...
- Huawei cuts India revenue target by 50%, lays off more than half of the staffNew Delhi has already barred state-run carriers from sourcing equipment from Chinese companies Huawei and ZTE, and is believed to have info...
- Nikkei rises to fresh 3-month high on recovery hopes, weaker yenThe benchmark Nikkei average ended up 0.4% at 22,695.74 points, its highest close since Feb. 21.
- Asia shares slip as China's Huawei in legal hot water; focus on Sino-US talksSlowdown fears slugged the US dollar which faltered to its lowest in two weeks on Monday.
- Hello & goodbye: Multi-billion dollar telecom mergers could see 25,000 pink slips and countingAny layoffs may take about 12-18 months. The merged entity will have to first ensure that distributors maintain the network and operators c...
- Nokia Alcatel-Lucent merger may lead to layoffs at the French company's India unitFinnish network gear maker Nokia’s acquisition of rival Alcatel-Lucent is likely to lead to some layoffs at the French telecom equipment ma...
- Cisco's India unit won't cut jobs in routers and switches businessCisco, the world's largest networking equipment maker, last year said it will cut 5% of its global workforce or 4,000 jobs due to weaker sa...
- Huawei Technologies relocates 350 employeesHuawei said it has relocated 350 employees to work on international project over the last three to four months, amid speculations that it i...
- Nokia Siemens sees India workforce growing despite global job cutsTelecom equipment maker Nokia Siemens Networks, which plans to reduce workforce by 17,000 globally, said its net headcount in India will ri...
- Nokia Siemens chief Sandeep Girotra sees spectrum refarming policy going against India’s goal of efficient use of radio frequencyIndia’s plans for refarming spectrum may not be feasible within the short timeframe the govt has set, & does not meet the country’s goals f...
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