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KYNDRYL JOB CUTS
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...
- Boards must quiz industries on their R&D spends, says `Kris' GopalakrishnanThe Infosys cofounder said he preferred industries investing at least half of their R&D budget outside of the industry, such as in startups...
- 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...
- Get a job in top companies: Find out about the strategy and preparation you need to join the best workplacesIt often takes a multi-pronged strategy, involving academic heft, core expertise and skills, behavioural agility, and networking, to get in...
- IBM misses first quarter revenue estimates; cuts growth forecast to 6%-8%The company's software and consulting businesses rose 6% and 8.2%, respectively, at constant currency in the first quarter, in line with IB...
- 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...
- Regionalisation and globalization can complement each otherDr Thani bin Ahmed Al Zeyoudi talks about the upliftment and growth of both India and UAE post pandemic.
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