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IBM LATEST NEWS LAYOFFS
Xbox to raise console prices worldwide from AugustGroups representing automakers, retailers, electronics firms and others had warned earlier this month that the increasing demand for memo...
IBM unveils tech for chip smaller than 1 nanometer in AI computing pushIBM has unveiled chip technology capable of producing transistors smaller than one nanometer, a significant leap for AI workloads. This inn...
IBM unveils tech for chip smaller than 1 nanometer in AI computing pushIBM has unveiled groundbreaking chip technology capable of producing transistors at 0.7 nanometers, a significant leap towards smaller and ...
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...
'We will talk in 5 years': Sridhar Vembu reacts to IBM CEO Arvind Krishna's statement on 'multi-trillion dollar AI data center bubble'Zoho founder Sridhar Vembu dismisses the massive AI data center buildout as a potential bubble, contrasting IBM CEO Arvind Krishna's concer...
General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."General Motors Detroit plant robots: General Motors has introduced 50 collaborative robots at its Factory Zero plant, a move that has led t...
IBM partners with OpenAI on enterprise security AIIBM joined the OpenAI Daybreak Cyber Partner Program and is collaborating with the startup to integrate protective AI tools directly into b...
Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its...
US stocks: US market's indexes advance with boost from chips, Iran optimismU.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate...
US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
Andhra Pradesh govt to launch Amaravati quantum and AI innovation centreAndhra Pradesh is launching the Amaravati quantum and AI innovation Centre with IBM. This initiative aims to create India's largest quantum...
BBC to cut 550 jobs in cost-saving drive, including news division layoffsBritain's BBC is set to eliminate 550 jobs across its news and content departments. This move is part of a significant £500 million savings...
Robinhood Layoffs 2026: US fintech company lays off 10% of its workforce, CEO says "business has never been stronger"Robinhood Layoffs: Financial services firm Robinhood is laying off approximately 290 employees, about 10% of its workforce, as part of a re...
Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...
‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...
Opendoor fires all Indian employees, shuts India operationsUS real estate technology company Opendoor is winding down its India operations and relocating remaining roles to the US, affecting nearly ...