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IBM WORKFORCE REDUCTION 2025
ITC CMD total remuneration slips 6.8% to Rs 23.91 crore in FY26ITC Chairman and Managing Director Sanjiv Puri's total pay saw a 6.8% dip to Rs 23.91 crore in FY26, primarily due to lower performance bon...- Omnicom Media claims top spot in global media billings after IPG integrationOmnicom Media has become the world's largest media management network, boasting $75.6 billion in global billings after integrating with IPG...
- 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...
- 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...
- Advit Jewels IPO Day 3: Issue subscribed 213x on strong retail, NII demand; GMP hints at 40% listing gainsJaipur's Advit Jewels IPO is witnessing overwhelming investor interest, subscribed over 212 times by day three, with a significant 40% grey...
- 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...
- Microsoft's quantum computing technology called into question, againA new scientific critique in Nature casts doubt on Microsoft's quantum computing claims, potentially impacting its 2029 target. While rival...
- India, US move closer to interim trade deal after Goyal-Greer talksIndia and the United States have made significant headway in their Bilateral Trade Agreement negotiations, with both nations expressing str...
- 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...
- Graduates 43.8% less likely to get informal jobs: EAC-PM studyBased on unit-level data from the 2025 Periodic Labour Force Survey (PLFS) and the Annual Survey of Unincorporated Sector Enterprises (ASUS...
- 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...
- Inflationary pressures, reduction in discretionary cash flows may impact collection of MFIs: ReportMicrofinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...
- Entire political science of data doctoring: Congress slams govt on rural wage figuresThe Congress party has accused the Modi government of artificially inflating rural wage growth figures. According to Congress general secre...
- GenAI could deliver up to 50% higher sales velocity and faster launches for India’s real estate sectorGenerative AI promises to revolutionize Indian real estate, boosting sales velocity by up to 50% and slashing project launch times by 30%. ...
- Apple CEO Tim Cook says AI boom makes price increases 'unavoidable'Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase...
- BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and whyBBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider ...
- AI shift drives Opendoor’s India exit: Here's all you need to knowUS real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is ...
- Volkswagen to reduce workforce by 19,000 by end of year, CEO saysVolkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...
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