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Oracle plans fresh layoffs as AI spending piles up billions in debt: ReportOracle is reportedly planning another round of job cuts. This move aims to reduce payroll while investing heavily in AI infrastructure. The...- How LIC minted Rs 21,000 crore in mark-to-market gains by betting against AI panic in 3 top IT stocksLIC gained over Rs 21,000 crore from three top software exporters. This paper profit materialized within thirty-five days after a contraria...
- Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...
- Oracle layoffs 2026 severance package: How much will the US tech firm pay to laid off workers in India and US as compensation?Oracle has initiated significant job cuts, impacting 30,000 employees worldwide. India sees 12,000 roles terminated. Severance packages are...
- Tamilnad Mercantile Bank to shift 50 pc workforce into sales roles in 2 yrs amid tech automationIn an exciting strategic pivot, Tamilnad Mercantile Bank is setting the stage for revenue growth by revamping its workforce. Plans are unde...
- Tamilnad Mercantile Bank to shift 50% workforce into sales roles in 2 yrs amid tech automationTamilnad Mercantile Bank is shifting its focus to boost revenues. Over half its staff will be retrained for sales roles. Technology investm...
- Talent without tags: Over a third at Zoho, Apple, Nvidia are from tier-III collegesOver a third of Zoho, Apple, and Nvidia employees come from tier III colleges. However, legacy tech firms such as Goldman Sachs, Visa, Atla...
- What Oracle didn’t foresee? Techies’ millions in a momentFounder Larry Ellison was not alone in shoring up his wealth with Oracle shares' surge. Executives in 20s hit millionaire status thanks to ...
- Udaan CTO Gaurav Bhalotia to exit as B2B startup rejigs units, rolesThe company said that the technology vertical would be split into separate ‘product’ and ‘engineering’ functions. While Siddharth Reddy wil...
- Two senators call for FTC probe into TikTok over US data accessThe request from Senator Mark Warner, a Democrat, and Republican Marco Rubio followed a Buzzfeed report saying the short video app permitte...
- Sales pitch turns into acquisition; Deutsche Bank acquires Mumbai-based startup QuantiguousQuantiguous was a bootstrapped startup founded in 2014 to offer open banking solutions to banks. It currently counts YesBank and RBL Bank a...
- Oracle to close down during Christmas holiday, to makes employees pay for furloughIn Oracle's case, it is mandating that all employees pay for this furlough with four days of their paid time off/vacation time.
- IT Giants IBM, Oracle, Red Hat and others racing for cloud sales specialists to tap rising demand“We want to be the No. 1 player in the cloud computing space. So you will see us accelerate our investment and hiring 300 sales people is p...
- RPG Group’s Zensar to buy US e-commerce company Professional Access IncProfessional Access, which has about $38 million in revenue, helps build the Oracle technology backbone for large brick-and-mortar retailer...
- Enterprise major Oracle plans one office in every state capital as it sees higher tech spendingOracle, founded by technology billionaire Larry Ellison, counts companies like HP and IBM as its major competitors.
- HCL Technologies Q1 net up 50% at Rs 496.7 crore, revenue up 25.4%Board declared an interim dividend of Rs 4/equity share of Rs 2 face value, which includes a 'special milestone dividend' of Rs 2/equity sh...
- Ellison says wrong to oust Hurd, likens it to Apple firing JobsOracle chief executive officer Larry Ellison said Hewlett-Packard’s board was wrong to force the resignation of CEO Mark Hurd, comparing th...
- Hiring bleak? Here are jobs for Satyam employeesHeadhunters say that IT companies like Microsoft, IBM and Oracle are hiring, though this is primarily only in niche areas.
- Microsoft wants to venture into online advertising market, take on GoogleMicrosoft, which said Friday it would buy Internet firm Yahoo, dominates the global computer market with its ubiquitous Windows software an...
- Railways' data engine to hook up tech titansAccording to government sources, top IT companies like Wipro, IBM, TCS and Oracle are in the fray. In fact, Wipro chairman Azim Premji came...
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