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VAST LAYOFFS
California space station startup Vast cuts jobs after $500 million funding round as crypto billionaire Jed McCaleb’s company races to replace ISSSpaceX-linked California startup Vast has cut 46 employees, or about 4% of its workforce, months after raising $500 million. The layoffs at...- Shein finds there's no place like China after Vietnam warehouse experiment disappointsU.S. exemptions for duties on small parcels from China that underpinned its business model looked as if they would be abolished, Donald Tru...
- Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
- Match Your AI Strategy to Your Organization’s RealityArtificial intelligence is often hailed as a game changer, but too many firms discover that their bold AI pilots collapse when their operat...
- NASA satellite study finds Earth's mangrove forests are making an unexpected comeback after decades of decline. But scientists warn the good news may not last foreverGlobal mangrove forests have shown a net increase between 2000 and 2020 due to restoration efforts and conservation policies. These vital c...
- A Himalayan Adventure: The selfish act of trekkingIndia's budget now includes funds for tourism development. This marks a shift in how the country views its mountains. Nepal has a well-orga...
- “How to decide which employees AI should replace”: After 20% layoffs, Cloudflare CEO Matthew Prince explains his strategyCloudflare layoffs: Cloudflare has laid off over 1,100 employees, nearly 20% of its workforce, despite record revenue growth. CEO Matthew P...
- AI chiefs walk back job apocalypse warningsLeading AI figures like Nvidia's Jensen Huang and OpenAI's Sam Altman are now downplaying fears of mass job losses due to artificial intell...
- Product manager earning Rs 18 LPA gets laid off while co-worker with Rs 9 LPA job stays. Expert reveals why: ‘He was brilliant but….’Job cuts are not always about performance. A product manager earning more was let go, while a colleague with less pay stayed. The higher-pa...
- Trump ramps up pressure on Democrats over US government shutdownDonald Trump signaled Thursday that he plans to follow through on his threat for mass layoffs of US federal workers as he ratcheted pressur...
- US: At least 600 CDC employees are getting final termination notices, union saysThe Centers for Disease Control and Prevention (CDC) is issuing permanent termination notices to at least 600 employees following a recent ...
- Is Tesla becoming driverless? 4 top executives depart in less than 10 days; a third of staff who directly report to Elon Musk has leftElon Musk's Tesla is in for major trouble now that four of the company's top executives have suddenly resigned due to unforeseen reasons, w...
- Walgreens closing down multiple underperforming US stores, what went wrong?Pharma giants Walgreens is now closing down as one of their 4 US stores are currently underperforming amid stiff competition from retail ch...
- Where the jobs are: Strong hiring in most American industries has far outpaced high-profile layoffsBlockbuster job growth in recent months has coincided with high-profile layoffs in technology, finance, and media sectors. Companies that o...
- Reddit CEO Steve Huffman refuses to budge amid widespread protestsInspired by Elon Musk's massive layoffs, Reddit CEO Steve Huffman has refused to budge against widespread protests over the application pro...
- Low annual limit for H-1B petitions affecting US employers: StudyThe H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical...
- Google gives mental health team the boot, fires wellness head: Why this can haunt the tech titan in the long runStudies reveal the cost of neglecting employee well-being can cost nearly $80–100 billion per year!
- Tech industry job cuts come rapidly and in big numbersEven with all of the layoffs announced in recent weeks, most tech companies are still vastly larger than they were three years ago.
- US job openings hit 10.7 million despite Fed attempts to cool economyWith so many jobs available, workers can afford to resign and seek employment that pays more or offers better perks or flexibility. So comp...
- US corporate world optimistic about growth prospects in 2010Better times are ahead for the corporate world in the United States, with a vast majority of companies expecting revenue growth and higher ...
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