Microsoft reports $36 billion quaterly profit, employees complain salary raises below 1%, describe workplace as 'joyless and demoralizing' after 60,000 people receive buyout offersMicrosoft reported a 32% jump in quarterly profit to $36.6 billion but its employees complain of salary increases below 1%, rising workload...
09 Nov, 2026, 06.05 PM IST
Alphabet discloses $548 million worth of Qualcomm stakeQualcomm earlier this week irked investors when it missed Wall Street expectations for quarterly smartphone chip sales due to weak demand, ...
06 Nov, 2026, 06.24 PM IST
Why Big Tech companies Microsoft, Google, Meta and others are opting for voluntary buyoutsIn response to fluctuating market demands, Meta has rolled out voluntary exit packages in France aimed at workforce restructuring. This ini...
06 Nov, 2026, 01.09 PM IST
Micron, SanDisk, AMD and Qualcomm stocks plunge as US stock market crashes today: Dow, Nasdaq and S&P 500 turn red as chip selloff deepens – What is driving Wall Street's sudden reversal?US stock market crash today: The Dow, Nasdaq and S&P 500 are all trading in the red, while some of the biggest semiconductor stocks are los...
05 Nov, 2026, 10.16 PM IST
Qualcomm's smartphone chip sales miss estimates, shares fallDemand for lucrative high-bandwidth storage for AI servers has pushed up memory chip prices, raising the cost of consumer electronics and s...
05 Nov, 2026, 08.13 AM IST
- Qualcomm signs major 5G infrastructure deal with SpaceX for Starlink Mobile network
Qualcomm said the equipment would provide a flexible foundation for a multi-band network, which can be deployed in stages. The initial roll...
04 Nov, 2026, 07.10 PM IST
First husband, then wife lose their tech jobs in US, newborn baby at home and healthcare coverage worries. Heartbreaking post highlights growing anxiety among tech workersHa Nguyen, a founder and managing partner, shared the heartbreaking story of a US-based tech couple who lost their jobs one after another w...
04 Nov, 2026, 12.56 PM IST
Canva layoffs severance package: From six months’ salary, $10,000 grants to MacBooks, here’s what company has promised affected employees following a 22% workforce reductionCanva layoff news: Canva Group has announced plans to lay off approximately 1,271 employees as part of a major restructuring effort. The co...
04 Nov, 2026, 12.13 PM IST
US job openings increase sharply by 333,000 in SeptemberIn September, the US saw a notable increase in job openings, showing a rise of 333,000. Layoffs fell to 1.641 million, providing evidence o...
03 Nov, 2026, 10.04 PM IST
Canva may announce another round of layoffs in November, report claims; hiring freeze also possibleCanva appears to be bracing for possible layoffs or a hiring freeze after recently downsizing their team by cutting 32 employees from the t...
02 Nov, 2026, 09.48 PM IST
IIT and IIM graduates shun startups as AI jobs gain appeal amid rising startup activity in IndiaOnly 79 IIT alumni and 20 IIM alumni launched new tech startups between January and August this year, compared to 307 IIT graduates and 71 ...
31 Oct, 2026, 06.00 AM IST
Singapore layoffs hit highest level since 2020 in third quarterSingapore recorded 4,800 retrenchments in the third quarter of 2026, the highest level since late 2020 during the Covid-19 pandemic. The ri...
30 Oct, 2026, 09.20 AM IST
Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact...
29 Oct, 2026, 04.21 PM IST
Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big TechAmazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...
29 Oct, 2026, 12.50 PM IST
Amazon announces second round of layoffs this month, cuts 250 jobs in devices unitAmazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cu...
29 Oct, 2026, 12.33 AM IST
Innodata layoffs: AI data services company fires 550 employees in IndiaAround lunchtime on Monday, employees began losing access to company systems and received termination emails on their personal accounts, th...
28 Oct, 2026, 11.50 AM IST
Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer inc...
27 Oct, 2026, 05.35 PM IST