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WILL LAYOFFS HAPPEN IN STATE DEPARTMENT
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...- Global Market: US weekly jobless claims drop more than expectedUS unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a...
- High salary in startup or stable MNC job? What is the right choice? Employee gets a reality check six months after job switchA tech professional's experience has sparked discussion online after he reportedly left a stable multinational company for a smaller firm o...
- Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.
- IRGC Navy rejects new Strait of Hormuz route, warns of enforcement measures: Iranian MediaIran's Revolutionary Guard Navy has issued a stern warning to vessels transiting the Strait of Hormuz, insisting on the use of only Iran-ap...
- India eyes chip investments at Pax Silica SummitIndia is actively seeking semiconductor investments and multilateral funding at the Pax Silica summit in Washington D.C. The nation aims to...
- Rubio reassures UAE, Kuwait as scepticism over Iran deal persistsUS Secretary of State Marco Rubio assured Gulf allies of their security during a visit to the UAE and Kuwait, addressing skepticism over a ...
- Bengaluru techie says it is better to stay in a big company at a lower salary then a small one with high salaryA Bengaluru techie's advice to prioritize job stability at large firms over lucrative offers from smaller companies has sparked debate. Cit...
- General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."General Motors Detroit plant robots: General Motors has introduced 50 collaborative robots at its Factory Zero plant, a move that has led t...
- Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
- Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its...
- ‘Not everyone who is silent is disconnected’: ‘Rude’ employee everyone expected to be fired gets promoted instead for one unexpected reasonA quiet, seemingly aloof employee, often overlooked in a bustling office, unexpectedly became a hero. While colleagues gossiped and sociali...
- Indian techie forced to return to India after losing H-1B status following layoff, asks: ‘How do I start over?’An Indian software professional is returning to India after five years in the U.S. with debt and no savings, feeling defeated by layoffs, v...
- US stocks: US market's indexes advance with boost from chips, Iran optimismU.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate...
- "Your friend failed to solve a basic problem": Employee refers a friend, HR's next email leaves her stunnedA software professional's referral led to an unexpected HR email questioning her judgment after the candidate failed a basic coding problem...
- US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
- Robinhood Layoffs 2026: US fintech company lays off 10% of its workforce, CEO says "business has never been stronger"Robinhood Layoffs: Financial services firm Robinhood is laying off approximately 290 employees, about 10% of its workforce, as part of a re...
- Techie says firm fired 90% of staff, plans to hire back as developers are 'dime a dozen' in BangaloreA Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced custome...
- ‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...
- AI shift drives Opendoor’s India exit: Here's all you need to knowUS real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is ...
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