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JUNIOR ENGINEERS LAYOFF
Bengaluru techie who started with just Rs 5,000 salary now has Rs 70 lakh net worth, but still carries one regret he cannot forgetA Bengaluru tech professional's journey from a Rs 5,000 monthly salary to a Rs 45 lakh annual package and Rs 70 lakh net worth is inspiring...
Rs 5000 monthly starting salary, Rs 70 lakh savings: Bengaluru employee shares the strategy he used for wealth creationA Bengaluru-based tech professional has gone viral after sharing his 12-year career journey on Reddit, revealing how he grew from earning R...
Techies slept in office to meet deadlines. Then given 3 days of leave and sudden layoff of whole team. What happened on the last day?Junior ML engineers at an Indian tech company faced extreme burnout and excessive demands, including working around the clock. After a majo...
India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
GCCs switching to smart workflows as AI gobbles up procedural grunt workIndustry experts said AI is shrinking junior-level workflows, reducing standalone procedural functions and pushing multinational companies ...
India’s IT industry faces talent glut as applications surge across rolesThe Indian IT industry is currently navigating an impressive talent boom, with job seeker numbers jumping by 32% in just four months. This ...
Mass layoffs at Goldman Sachs? President John Waldron says "digital agents will be our robots, human assembly lines to be more digitized"Goldman Sachs is integrating generative AI 'robots' to automate tasks, aiming to boost productivity and cut costs without mass layoffs. Pre...
'No major screwups, no PIPs': Techie reveals shocking reason why four people were laid off despite good performanceSoftware professionals in India are facing job instability despite strong technical skills, as evidenced by recent layoffs at a well-funded...
IIT graduate in MNC questions the new reality of tech jobs due to AI usage. 'Watch reels in office and then go home'A young IIT graduate working at a major MNC has sparked an online discussion after sharing that his high-paying job involves little to no m...
Oracle layoffs: AI pivot triggers 10,000 job cuts in IndiaOracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company...
Which workers will AI hurt most: The young or the experienced?AI is reshaping the white-collar workforce, with debate over whether junior or senior employees are most at risk. While entry-level roles a...
Microsoft Layoffs: Tech giant trims fat to feed AI growth, 6,000 jobs gone — here’s who’s out, who’s safeMicrosoft Layoff News: Microsoft has laid off over 6,000 employees, about 3% of its global workforce, despite reporting strong earnings. Th...
How startups are changing their hiring strategies to streamline costsFacing a prolonged funding drought, startups are trying a new approach to cost-cutting. Layoffs continue, but some companies, like Swiggy a...
What’s driving mass layoffs in the tech sector globally?The report said that almost half of those laid off belonged to the age group of 30-40 years and had an average work experience of 11.9 year...
Startups fired 6,000 in October-December 2022, 4,000 in January 2023 aloneWith investors tightening their purse strings because of the volatility in the global economy, many unicorns and startups such as Byju’s, S...
Ola fires about 200 employees in a fresh round of layoffsIn September, the company rescinded the retrenchment of about 200 engineers. One of the sources told ET that the current layoffs are the sa...
Ola electric mobility goes on hiring spreeOla Electric Mobility (OEM) recently onboarded Vithal Acharya as its new human resources head and plans to hire at least half a dozen more ...
Organised private sector plans layoff, salary cut amid COVID-19 crisis: ReportAmong the surveyed organizations, 73 per cent said they have plans to decrease the salary of employees, 57 per cent said this layoff is tem...
No change in IT hiring pattern, say senior industry figuresAccording to a survey released earlier this week, Indian IT professionals are likely to see reduced job opportunities in the next six month...