87-year-old Florida billionaire who bought Apple at its IPO spends $40 million on Ferrari’s first EV designed with Jony Ive, making history with one-of-a-kind Luce bought at auction87-year-old billionaire Herbert A. Wertheim, an early Apple investor, has spent $40 million on Ferrari’s first fully electric production ca...
22 Aug, 2026, 12.03 AM IST
'Tough reality in the gaming industry': Halo Studios launches Halo: Campaign Evolved, then lays off several employeesHalo Studios has reportedly laid off several employees shortly after the game's launch. Multiple staff members have announced their departu...
06 Aug, 2026, 05.26 PM IST
A US cloud computing company reports $703.1 million in revenue, then announces plans to lay off 5% of its workforceNutanix plans to reduce its global workforce by approximately five percent. This strategic move aims to enhance operational efficiency and ...
05 Aug, 2026, 09.37 PM IST
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
04 Aug, 2026, 06.43 PM IST
Global workforce layoffs now reach Indian shoresThe people said omnichannel retailer Walmart’s restructuring this May affected around 1,000 employees at Walmart Global Tech India, includi...
31 Jul, 2026, 06.00 AM IST
Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
30 Jul, 2026, 05.28 PM IST
AI will not trigger employment collapse, staffing company Adecco Group saysAI will transform work by changing roles and tasks, not eliminating jobs. Employment rates remain high and unemployment is near historic lo...
23 Jul, 2026, 10.17 AM IST
Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
23 Jul, 2026, 09.49 AM IST
Samsung cuts US jobs, offers relocations ahead of HQ moveSamsung Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affecte...
19 Jul, 2026, 10.08 AM IST
Raghuram Rajan, Microsoft's Asha Sharma among Indian-origin appointees to US Fed review panelsUS Federal Reserve appointed Indian-origin experts for policy review. Raghuram Rajan and Raj Chetty will join task forces. Asha Sharma will...
11 Jul, 2026, 09.14 AM IST
120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be nextGlobal technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automa...
09 Jul, 2026, 06.02 PM IST
Microsoft layoffs: Xbox veteran Kevin LaChapelle never posted on LinkedIn for 37 years; used his first post to announce he was laid offMicrosoft layoffs 2026: Kevin LaChapelle departed Microsoft after thirty-seven years of dedicated service. He was among approximately sixte...
09 Jul, 2026, 01.01 PM IST
Microsoft layoffs: Here's the severance package employees are getting after latest job cutsMicrosoft offers up to 39 weeks of pay and continued benefits to laid-off workers. This generous package includes stock vesting and health ...
09 Jul, 2026, 11.21 AM IST
Microsoft layoffs in July: Who is Asha Sharma? Meet the Xbox CEO who surprised fans with free consoles and is now at the center of Microsoft's layoff stormMicrosoft Xbox layoffs: Xbox CEO Asha Sharma is under the spotlight after Microsoft announced significant workforce reductions. Asha Sharma...
07 Jul, 2026, 11.50 AM IST
Microsoft shares fall over 1% after company announces to layoff 4,800Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the dee...
06 Jul, 2026, 09.57 PM IST
Microsoft cuts 4,800 jobs as it revamps XboxMicrosoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that wil...
06 Jul, 2026, 09.23 PM IST
Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
01 Jul, 2026, 07.41 AM IST