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SCALE AI JOB CUTS
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...
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...
Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
Robinhood CEO says AI agents will soon rival human traders, manage portfolioThe company had in May unveiled tools that allow AI agents to trade stocks and make purchases on behalf of users. The company said its user...
For one small business, AI was key to a quick start and expansionThe rapid emergence and spread of AI has become a defining feature of the U.S. economy, of prime interest to Federal Reserve officials tr...
Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
AI is creating a 'Darwinian moment' for employees: Palo Alto CEO Nikesh AroraPalo Alto Networks CEO Nikesh Arora declared a 'Darwinian moment' for businesses, stating 90% of employees lack AI proficiency. His remarks...
Can India govern AI it does not own? RBI’s model risk framework and its limitsRBI's new AI governance rules for banks place significant accountability on financial entities for all predictive models, including third-p...
AI hiring outpaces overall IT recruitment in India: reportIndia's IT sector is prioritising artificial intelligence (AI) hiring, with AI roles seeing a 16% year-on-year surge in June, contrasting w...
ET Most Innovative AI Product Awards 2026: Every AI founder wants product-market fit; enterprise buyers want something elseBuilding an AI product is only the beginning. Winning enterprise customers requires a different set of strengths. As enterprise AI adoption...
Microsoft, AWS deploy engineer armies to help crack AIAWS and Microsoft want to embed thousands of their own engineers at client companies to help them capitalize on artificial intelligence, wh...
Dell is significantly expanding its domestic server manufacturing footprint in IndiaDell Technologies continues to strengthen its manufacturing footprint in India, with significant local contribution across key Infrastructu...
ET Most Innovative AI Product Awards 2026: Why the real AI race is happening inside companies, not in front of customersET Most Innovative AI Product Awards 2026 The biggest AI product wins are no longer in customer-facing apps. This is a shift that most peop...
Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
Every enterprise is competing to define the future of AI. Is yours ready to be recognised?As enterprise AI shifts from proof of concept to proven impact, recognition is becoming a mark of credibility, not just achievement. The ET...
Fear and anger brew inside Meta amid AI frenzyA frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveil...
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...
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...
AI is plowing through the workplace. This new group wants to help people adapt and have jobsA newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from ar...
EMA Partners India acquires digital RPO services provider Taggd in Rs 95 crore all-cash dealEMA Partners India has acquired Taggd, a digital RPO provider, for Rs 95 crore in an all-cash deal. This strategic move integrates executiv...