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LAYOFFS IN BANKING SECTOR
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...- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
- US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
- US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs dataWall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. H...
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
- 'More AI, fewer bankers': CEO of US' largest bank JP Morgan Jamie Dimon's remarks hint at a shift in Wall Street trendJPMorgan Chase CEO Jamie Dimon suggests artificial intelligence will significantly reduce jobs at the bank. The company plans to hire more ...
- India's job engine strains as Iran war hits remittances and tradeThe Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This do...
- Inside India’s biggest banking and financial services tech hubsStandard Chartered plans to cut over 7,000 jobs in four years, replacing human capital with technology, particularly impacting back-office ...
- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- 'Rs 3.5 lakh packages in 2026?': CA warns Gen Z about following passion in 20s instead of prioritizing high-income skillsYoung Indians are questioning the advice to follow passion. Finance expert Nitin Kaushik argues for building financial stability and high-i...
- Petrol Price Hike: The crude shock logic that will make Indians pay a higher pricePetrol Diesel Price Increase: Fuel prices across India have risen by up to Rs 3 per litre. This hike is driven by surging global crude oil ...
- Mass layoffs at Goldman Sachs? President John Waldron says "digital agents will be our robots, human assembly lines to be more digitized"Goldman Sachs is integrating generative AI 'robots' to automate tasks, aiming to boost productivity and cut costs without mass layoffs. Pre...
- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- The ex-JPMorgan banker at the center of harassment suit against Lorna Hajdini just quietly left his new job tooIn a shocking development on Wall Street, ex-JPMorgan banker Chirayu Rana's lawsuit against Lorna Hajdini has taken a surprising twist. Jus...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- US job openings drop in March; hires increase sharplyAmerican job openings saw a slight dip in March. However, a significant increase in hiring indicates the job market is recovering. This sta...
- Why US stock market Dow Jones, S&P 500 and Nasdaq are surging big today: Dow jumps 350 points, Nasdaq jumps 250 points as Intel hits all-time high driving the rallyUS stock market surges today: why Dow Jones, S&P 500, and Nasdaq are rallying sharply despite global tensions? The Dow Jones Industrial Ave...
- New Nasscom chair flags AI-led structural shiftThe Indian technology sector faces major changes due to AI. Srikanth Velamakanni, the new Nasscom chairperson, highlights both challenges l...
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