Searched for
BIG TECH LAYOFFS
Company lays off a huge number of employees after celebrating record profits, then tells survivors to get back to work and ‘absolutely crush Q1’ - but one worker now refuses to give their life to workA company that recently celebrated record profits has laid off a large number of employees, then urged those who remained to “absolutely cr...
As Uber cuts 3,000 jobs, an ex-employee reaches out to those impacted with referrals, job openings and hopeFormer Uber employee Kim Wilkes offered support to workers affected by the company’s latest layoffs. She said she was willing to make intro...
Uber Layoffs: CEO Dara Khosrowshahi Says “This wasn’t a decision we made lightly” as company cuts 3,300 jobs globallyIn a bold move, Uber is set to cut its workforce by roughly ten percent, affecting around 3,300 staff members. This decision is part of a l...
Uber to cut 3,300 jobs in company overhaul to reduce management layersChief Executive Officer Dara Khosrowshahi announced the changes in an email obtained by Bloomberg News, saying that Uber’s growth in recent...
2x salary or a peaceful job? Techie earning Rs 36 lakh confused if 12 hour workdays are worth the career growth in early yearsA tech professional earning Rs 36 lakh a year with a five to six-hour workday and no weekend work is facing a difficult career choice after...
“My father could not read and write”: How Dolly Parton’s father inspired her global literacy mission that has sent 270 million books to kids across US, UK, CanadaDolly Parton’s lifelong philanthropy was deeply inspired by her father, who could not read or write. Her personal mission evolved into the ...
Mark Zuckerberg had a bold plan to replace Meta staff with AI. Here's how it imploded.Meta considered cutting some teams by as much as 60% under an AI-driven restructuring plan, Reuters reported. The company ultimately cut 10...
Michael Dell started his billion-dollar journey in a UT Austin dorm room in 1984; now he and Susan are giving $750 million to build an AI medical campusUS billionaire Michael Dell started his company from a UT Austin dorm room in 1984. Now, more than four decades later, Dell and his wife Su...
AI reshapes India's IT services sector contracts as clients demand more for lessOutsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying ...
AI's Bar Mitzvah moment: Aswath Damodaran explains what AI means for businessesAswath Damodaran says AI’s investment debate should shift from hype and skepticism toward evaluating it as a business. He argues revolution...
AI reshapes India's IT services sector contracts as clients demand more for lessIndustry executives also say they are losing some work entirely as customers use AI to shift tasks in-house, while all the uncertainty that...
Tired of job rejections after layoff, techie quits IT to be a school bus driver: 'Hope this industry finds its way back to treating people better'After more than a year of job hunting following a layoff, a senior software quality engineer has decided to leave the tech industry and sta...
Oracle plans fresh layoffs as AI spending piles up billions in debt: ReportOracle is reportedly planning another round of job cuts. This move aims to reduce payroll while investing heavily in AI infrastructure. The...
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
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...
Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
Microsoft layoffs: Here's the severance package employees are getting after latest job cutsMicrosoft offers up to 39 weeks of pay and continued benefits to laid-off workers. This generous package includes stock vesting and health ...