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...
27 Oct, 2026, 01.22 PM IST
What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workersMicrosoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Ca...
27 Oct, 2026, 12.30 PM IST
Layoffs: Microsoft, Amazon, HP among companies reducing staff due to AI pushRecent developments reveal that leading tech firms like Microsoft and Amazon are making substantial job cuts due to the rise of AI technolo...
27 Oct, 2026, 11.54 AM IST
Oracle may extend US staff separation scheme to IndiaOracle’s India workforce has been shrinking over the past six months, with engineering departures running at roughly five times the pace of...
27 Oct, 2026, 06.00 AM IST
Meta to create non-voting shares to fund AI expansion, retain Zuckerberg’s controlMeta Platforms plans to introduce publicly traded non-voting Class C shares to fund AI investments, acquisitions and employee compensation ...
26 Oct, 2026, 01.36 PM IST
From Carnegie to Claude: AI wealth could reshape philanthropyA wave of American wealth created by artificial intelligence companies could produce some of the largest charitable sums since the era of A...
26 Oct, 2026, 11.02 AM IST
Target reached, but asset monetisation to continue: DIPAM secretary Arunish Chawla"We have already identified a cluster of 10 national highways, which will provide the underlying capital asset. So, the second public InvIT...
24 Oct, 2026, 08.34 AM IST
"Nothing to fear": Top bureaucrat says IDBI staff, pensioners' service conditions won't change after Fairfax dealThe DIPAM secretary's assurance comes as IDBI Bank employees oppose the government’s divestment plan and have called for a strike across th...
23 Oct, 2026, 09.29 PM IST
Qualcomm may cut 600-1,200 jobs in India as part of global restructuringQualcomm has not disclosed the scale of the planned job cuts or the number of positions that could be affected, and it did not respond to E...
22 Oct, 2026, 06.00 AM IST
BioWare games shutdown: Why is Electronic Arts-EA closing, laying off employees of video game developer? What will happen to Mass Effect 5, Marvel's Iron Man, Star Wars Jedi?BioWare games shutdown: EA also said it was restructuring the team behind skateboarding simulation "skate." into a smaller, more focused st...
22 Oct, 2026, 01.02 AM IST
Getty Images files Chapter 11, Koch-backed restructuring targets year-endGetty Images has filed for Chapter 11 bankruptcy as part of its restructuring plans to go private. This decision follows the collapse of it...
21 Oct, 2026, 12.14 PM IST
New Xbox console likely in 2028 but may burn a hole in your pocket; Microsoft also reportedly working on new handheld device, Game Pass plansMicrosoft is gearing up for the next evolution in its gaming lineup with a new Xbox console rumored to launch in late 2028. Anticipated pri...
21 Oct, 2026, 01.06 AM IST
ET HR Excellence Awards 2027: Spotlighting the People Behind Business PerformanceIn today's dynamic environment, Human Resources Business Partners (HRBPs) are key players in synchronizing workforce initiatives with broad...
19 Oct, 2026, 04.00 PM IST
Company townhall and results can tell 2 different tales; here's what to check if you are worried about your next hike or promotionKeep manager’s reassurance and employer’s financials apart, says Devashish Chakravarty. Every three months, listed companies must disclose ...
19 Oct, 2026, 11.53 AM IST
Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
16 Oct, 2026, 08.13 AM IST
Netflix layoffs: Employee loses job after 12 years, says ‘it’s hard to put into words’, after 1,000 workers are laid offNetflix is laying off nearly 1,000 employees, around 6% of its workforce, amid organisational changes. Adam Mulder, who spent 12 years at t...
15 Oct, 2026, 09.33 AM IST
Kroger to cut 3,000 corporate jobs as CEO Greg Foran launches sweeping restructuring to take on rivals in the battle for cheaper groceriesKroger is embarking on a major restructuring by cutting around 3,000 corporate roles to boost operational efficiency. This strategic decisi...
13 Oct, 2026, 02.32 PM IST