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EMPLOYEE AI ALLOWANCES
After laying off thousands, Meta now offers voluntary exit packages like Google and Microsoft. Here's all you need to knowMeta has launched a voluntary exit programme in France, designed to reorganize its team while pivoting towards artificial intelligence deve...- Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The of...
- Apple cuts employee AI budgets in cost-control pushApple has reduced employee budgets for AI usage as part of a broader effort to rein in costs, even as it seeks to expand the use of AI acro...
- AI turns cyber threat into boardroom crisisIn India, State Bank of India disclosed that 375,000 customer records had been leaked on the dark web, while vulnerabilities in eMudhra’s d...
- Digital recruitment is creating a new cybersecurity risk for employersOnline hiring has made it easier for companies to reach candidates across locations, but it has also exposed recruitment processes to ident...
- Why are companies restricting AI access to employeesGoldman Sachs, Uber, JPMorgan and Nvidia are some of the global firms that have restricted their employees’ usage of AI tools
- Cert-In gets Mythos access, being careful with testing: OfficialsGovernment agencies cannot download the AI’s source code or weights for running on their own, completely isolated or ‘air-gapped’ systems. ...
- Indian companies trust AI with greater autonomy but struggle to prove financial returns: ReportIndian companies are shifting towards AI-driven processes to enhance operational efficiency, but there's a catch. Despite the optimistic ou...
- Why is Microsoft borrowing $25 billion after offering buyouts to 60,000 employees?Microsoft 25 billion bond sale: Microsoft is raising $25 billion through a bond sale as AI infrastructure costs rise, days after offering v...
- Banks report 10-50% gains in productivity, turnaround time and costs from AI-led initiativesSeveral banks in India have implemented artificial intelligence initiatives that have increased productivity and efficiency significantly. ...
- Odoo 20 strengthens business operations with deeper India-specific compliance featuresOdoo 20 has launched several updates designed specifically for Indian businesses. These updates focus on enhancing GST compliance, payroll ...
- Your boss may soon know what you’re asking Claude to do at workClaude’s parent Anthropic has rolled out a new feature for its enterprise customers that gives administrators a window into how their teams...
- Zoho’s Sridhar Vembu sees a painful rebalancing of jobs in the AI ageSridhar Vembu expressed concerns regarding the impact of artificial intelligence on computer-based employment. He indicated that AI could a...
- How AI is changing pay, career growth and the employee deal in IndiaAs AI changes the skills companies need, the relationship between employers and employees is being renegotiated. Career progression, access...
- Freshworks acquires AI startup Robusta to strengthen IT operations platformThe acquisition will bring Robusta’s AI-based incident investigation technology to Freshservice, Freshworks’ IT service management platform...
- Why big IT firms are buying stakes in AI startupsFrom HCLTech's $150 million investment in Indian AI startup Sarvam to Accenture's investment in Within, an enterprise AI company, IT firms ...
- No layoffs in 101 years: CEO of a company that has never laid off workers says businesses should cut costs elsewhere instead of firing employeesAs Microsoft offers voluntary buyouts to around 60,000 employees amid heavy AI investment, the CEO of a 101-year-old syrup maker says busin...
- Microsoft needs 'fewer people, more AI agents' to keep up with OpenAI, Anthropic, says ex-employee as 60,000 get buyout offerFormer Microsoft Entra product manager Merill Fernando says the tech giant needs fewer employees and more AI agents to keep pace with OpenA...
- Microsoft announces voluntary exit offer for 60,000 employees in India, 3 other countriesMicrosoft has announced a voluntary exit programme for eligible employees in multiple countries, including India. The offer is available to...
- Microsoft offers exit packages to India staff amid $20.5 billion AI pushWhile the company has not given specifics of the number of people who shall be covered through this programme, there are around 60,000 empl...
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