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OCADO TECHNOLOGY ROLES CUT
Explained: Why Tata Elxsi shares crashed 7% after KPIT Tech’s Q1 revenue, profit guidance warningTata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to ...- AI skills power nearly two-thirds of new GCC hiring in IndiaIndia's white-collar hiring saw a dip in June, yet its Global Capability Centres (GCCs) are booming, especially in AI. GCCs are shifting fr...
- 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...
- Orchestration layer is new battleground for Indian AI talentRecruiters told ET that hiring for standalone prompt engineering roles has plateaued as companies increasingly seek engineers who can build...
- ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...
- Defence push: Aatmanirbharta means collaboration, not isolation, says Rajnath SinghSpeaking at the Vibrant Gujarat Regional Conference in Vadodara, he said collaborations with foreign Original Equipment Manufacturers have ...
- Amazon's AWS commits $1 billion toward new unit for embedded AI engineersThe company is committing an initial $1 billion to the initiative with the goal of sending five to six pods of engineers to customers for 4...
- ‘Microsoft powered genocide for 994 days’: Employee quits in dramatic resignation email, sends 'unhappy email' to thousands of company's employees. Here's what he wroteA Microsoft employee in Italy has resigned, alleging the tech giant fuels Israel's military actions in Gaza. His farewell email claims Micr...
- Gujarat can emerge as major defence manufacturing hub: RajnathDefence Minister Rajnath Singh highlighted Gujarat's potential as a major defence manufacturing hub, emphasizing its industrial strength an...
- BPCL to buy 40% stake in Shell, Tiki Tar venture to expand value-added bitumen businessBharat Petroleum Corporation Ltd. is acquiring a 40% stake in Tiki Tar and Shell India for Rs 85 crore, marking its significant entry into ...
- BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
- India Inc's green transition triggers hiring surgeAs organisations step up their sustainability efforts, demand is also growing for senior leadership talent, including business heads for re...
- AI hasn't changed marketing's role, only how it delivers: Publicis Sapient CMOArtificial intelligence is revolutionizing marketing, but core responsibilities like driving growth and building customer relationships rem...
- US Stock Market: Wall Street eyes jobs data as rate hike bets and tech volatility intensifyIndian investors are keenly watching US jobs data this week for economic health and interest rate cues. Tech stocks, especially chipmakers,...
- Austria lobbies EU to host Anthropic AI after US curbs: ReportAustria is pushing the European Union to consider hosting Anthropic AI system within its borders to counter efforts by the U.S. to bloc...
- IGCAR Kalpakkam Hydrogen Plant: India inaugurates world’s first hydrogen plant that uses nuclear reactor heat instead of electricityIGCAR Kalpakkam Hydrogen Plant: India has unveiled the world's first nuclear-powered hydrogen production facility at Kalpakkam, utilizing h...
- N Jayan appointed Director of ISRO's Liquid Propulsion Systems CentreAerospace engineer N Jayan has been appointed the new director of ISRO's LPSC, a significant move for India's space program. Jayan's leader...
- EU targets Amazon, Microsoft cloud units for Big Tech 'gatekeeper' rulesEU antitrust regulators are eyeing Amazon and Microsoft's cloud services, AWS and Azure, as potential 'gatekeepers' under new tech rules. T...
- JPMorgan turns cautious on IT, sees growth headwinds aheadJPMorgan anticipates challenges for Indian IT firms over the next two years, citing uncertain demand and a mix of technology and economic h...
- General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."General Motors Detroit plant robots: General Motors has introduced 50 collaborative robots at its Factory Zero plant, a move that has led t...
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