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VERIZON 15000 JOB CUTS
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...
Bitcoin climbs above $61,000 as weak US jobs data fuels Fed rate cut hopesIn the past 24 hours, Bitcoin was up 2.80% and Ethereum was up 6.24% to trade at $1,716 mark. Among the major altcoins, BNB, XRP, Solana, T...
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...
PlayBlue raises $2.7 million in seed funding to expand omnichannel sports retail businessSports retail startup PlayBlue has secured $2.7 million in seed funding to launch its omnichannel platform and first flagship stores in Ben...
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...
US private sector job growth misses expectations in June: ADPUS private sector job growth in June fell short of expectations, adding only 98,000 positions. This marks a slowdown from May's figures, wi...
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...
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...
US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
'AI FOMO': Why this Google techie left the tech giant even after getting Rs 9.5 crore salaryA former Google account executive, Yousuf Imran, quit his high-paying job after earning nearly $1 million, citing fears of layoffs and the ...
Google parent Alphabet debuts in Dow Jones index in tech tiltGoogle parent Alphabet's shares entered the Dow Jones Industrial Average on Monday, in an index reshuffle replacing Verizon Communications,...
Alphabet debuts in Dow Jones Industrial Average as index tilts toward techIts shares rose 3.7% to $350.24, offering one of the biggest boosts to the 30-member Dow. The company replaced Verizon on the index, S&P ...
Comcast to split its cable business from media through NBCUniversal and Sky spinoffComcast is set to divide into two separate, publicly traded entities, spinning off its NBCUniversal and Sky media assets. This strategic mo...
Verizon join forces to create $4 billion international joint ventureBT and Verizon are merging their international enterprise operations into a new 50:50 joint venture, aiming to serve multinational clients ...
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...
Man rejected Rs 35 LPA job in Hyderabad: ‘Better is what eventually….’A man's decision to reject a Rs 35 lakh annual job offer in Hyderabad for his hometown has sparked widespread discussion. He calculated sig...
European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...