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NETFLIX WORKFORCE REDUCTION
Netflix plans to cut about 5% of its workforce as early as next week, report saysNetflix is preparing to lay off approximately 5% of its workforce, with an announcement imminent next week. The decision follows previous l...
The MIT professor who taught the math behind every AI tool for 61 years gave the world something most universities never wouldProfessor Gilbert Strang taught linear algebra for 61 years. His free online lectures, part of MIT OpenCourseWare, reached millions globall...
What does Warner Bros and Paramount $110 bn deal say and what did Bruce Campbell say at townhall?What does Warner Bros and Paramount $110 bn deal say and what did Bruce Campbell say at townhall? Warner Bros Discovery has signed a $110 b...
Retirement age: Is 63 the perfect age to retire? Here's what to knowRetirement age: Many Americans consider 63 the ideal retirement age. However, experts now suggest 65 to 67 offers a better financial and he...
Social Security announces major shakeup affecting 70 million Americans: Will your benefits go up or down?The Social Security Administration (SSA), under Commissioner Frank Bisignano, is modernizing its services, leading to faster call response ...
NASA Layoffs: Is Trump’s budget cut approved by Congress? NASA asks employees to opt for early retirement, deferred resignation, or voluntary separation. Here’s last date and terms of departureNASA has announced new staff reduction programs in response to a proposed 24% budget cut. Employees may opt for early retirement, deferred ...
Making Make in India tick 'n' run: How 'China+1' & strategic innovation could drive a global powerhouse by 2030India aims to boost its manufacturing GDP share to 25% by 2030, driven by the 'China + 1' strategy and initiatives like Make in India. The ...
Payment firms’ budget grouse; Nithin Kamath on the budgetThe cut in budgetary allocation to incentivise digital payments has come as a dampener for payment startups. This and more in today's ETtec...
Wisconsin Assembly passes bills regulating AI use in elections, outlawing AI-produced child pornThe Assembly approved a bipartisan measure to require political candidates and groups to include disclaimers in ads that use AI technology....
New-age firms ride market surge in buoyant week; and other top tech, startup stories this weekOn Friday, the 30-stock benchmark index BSE Sensex ended at a fresh all-time high of 72,568 points. In the broader buoyancy of the stock ma...
CXO-Driven Transformation: Success Stories and StrategiesChief Experience Officers (CXOs) play a crucial role in driving transformation within organizations. They prioritize customer-centricity, l...
Walt Disney Co to begin second wave of layoffs, cutting several thousand jobsThe company will cut "several thousand" jobs through Thursday, with the latest round of reductions bringing the total number of jobs culled...
Microsoft’s GitHub fires almost half of India workforce; ad-based OTTs set to take offAfter announcing in February that it will reduce its workforce by 7%, Microsoft-owned code-sharing and publishing service GitHub laid off 4...
Walt Disney Co begins 7,000 layoffsSeveral major divisions of the company - Disney Entertainment, Disney Parks, Experiences and Products, and corporate - will be impacted, ac...
Is Silicon Valley Bank’s swoon a recession signal?A bank in Silicon Valley, California, which is the parent company of Silicon Valley Bank, raised money on short notice to avoid having to c...
Third restructuring in five years: Disney to cut 7,000 jobs in major revampDisney is the latest media company to announce job cuts in response to slowing subscriber growth and increased competition for streaming vi...
‘No longer sure bets’: Tech giants are dropping bad news dailyThe drumbeat continued yesterday, as Tesla Inc. Chief Executive Officer Elon Musk told employees the electric-vehicle maker needs to reduce...
Elon Musk feels 'super bad' about economy, needs to cut 10% of Tesla staffMusk's stark warning of a potential recession and the knock-on effect for automakers is the most direct and high-profile forecast of its ki...
Having earned 50 crore each earlier, Snapdeal founders take a 100% pay cut to trim costsIn 2014-15, the founders received compensation of Rs 52.94 cr each, including salaries of Rs 1.5 cr and payment against founder stock optio...
Snapdeal confirms layoffs, founders to take 100% pay cut; here's their letter to employeesSoftBank, Foxconn and Alibaba Group-backed company's founders, Kunal Bahl and Rohit Bansal, have pledged not to take salary, for an unspeci...