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KYNDRYL REPORT
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.- GitLab to cut jobs, reinvest in AI agents push: CEO Bill StaplesGitLab is cutting jobs to redirect resources towards the growing market for AI agents, aiming to capitalize on emerging "agentic" opportuni...
- Kyndryl plans job cuts, forecasts pretax profit below estimatesSoftware firm Kyndryl announced job cuts and a new cost-saving plan. The company expects annual pretax profit to be lower than Wall Street ...
- IBM workforce changes 2026 explained: Why is IBM cutting jobs while planning to hire more? Here are the roles it's hiring for and what it plans nextIBM layoffs and hiring: IBM is undergoing a significant transformation, shifting its focus to hybrid cloud and artificial intelligence. Thi...
- IBM to cut thousands of workers amid AI boomIBM plans to cut thousands of jobs as it shifts focus to AI consulting and software, affecting a small percentage of its 270,000-strong wor...
- Computing India's AI future: Google, Infosys, TCS, others look to chip inThe government is subsidising 40% of the cost of GPUs, bringing the final price to under one dollar per hour of GPU usage for companies—the...
- Most Indian execs say IT infra 'best-in-class' but only half of them trust risk preparedness: ReportIndian executives believe their IT infrastructure is top-notch, but only half are confident it can tackle future challenges, according to t...
- Wipro’s COO Amit Choudhary resigns; Sanjeev Jain appointed as successorSanjeev Jain joined Wipro in 2023 as the global head of business operations after his stint at Cognizant, GE, IBM and Kyndryl Holdings (IBM...
- Now, CXOs wear their hearts on their screensBrand and business specialist Harish Bijoor has seen an exponential rise in the number of clients seeking out experts for personal brand bu...
- IT services firm Kyndryl plans to separate China business: reportKyndryl, listed in New York, is an IT infrastructure services provider with operations across 60 countries and counts cloud providers Alpha...
- IBM in talks to buy software company Apptio for up to $5 billionInternational Business Machines Corp (IBM) is in talks to buy software company Apptio as part of a deeper push into automation technology, ...
- Tier-2 growth in India integral to IBM’s strategy, says senior VP John GrangerSpeaking about the larger macroeconomic concerns weighing on technology spends, IBM's senior vice president John Granger said global enterp...
- IBM cuts 3,900 jobs, misses annual cash targetChief Financial Officer James Kavanaugh told Reuters that the company was still "committed to hiring for client-facing research and develop...
- PM Modi and French President Macron to address 25th edition of Bengaluru Tech SummitAs part of the landmark 25th year celebrations, BTS 2022 will witness the unveiling of the Silver Jubilee Commemoration Plaque of Bengaluru...
- Kyndryl India is a big part of our future: chairman Martin SchroeterOur business is not only customer-facing but is also (on the services) delivery side, and the heart of our organization is delivery. About ...
- TCS, Infosys rank among the most valuable IT services brands globallyIn addition, Tata Sons Chairman Natarajan Chandrasekaran has ranked as the top CEO in India and stands at 25th position globally in the Bra...
- Kyndryl adds Google Cloud to its portfolio of multi-vendor partnershipsKyndryl and Google Cloud will apply their expertise in data and analytics, applied AI, and infrastructure modernization to help customers g...
- IBM chairman endorses India's demand for data localisation of personal dataThere should be "strict rules in place for how personal information of users is used, or rather, not misused", the India-born chief executi...
- Zomato’s $500m bet on Grofers, Sebi's missive on IPO adsZomato, which has twice tested—and aborted—its own grocery delivery service since the start of the pandemic, is now in talks to invest up t...
- White collar job openings rose to a 20-month high in OctoberEntry-level openings formed the bulk of the overall volume at 31 per cent, up by one per cent. Mid-junior openings, which is 28% of the vol...
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