After the AI binge, companies balk at soaring billsArtificial intelligence is becoming more expensive as companies rethink their initial embrace. The era of "subsidized intelligence" is endi...
31 May, 2026, 07.28 AM IST
Energy use forcing rethink of AI chip design, TSMC saysAI's massive electricity needs are now driving chip development. Energy efficiency is becoming more critical than raw computing power. TSMC...
28 May, 2026, 09.59 PM IST
Meta layoffs: ‘I asked to be laid off’ during company-wide 8,000 job cuts, says ex-employeeA former Meta employee voluntarily sought to be part of recent layoffs. Her personal career goals no longer matched the company's direction...
24 May, 2026, 11.33 PM IST
US company ClickUp lays off 22% workforce, but CEO says bigger rewards await those...ClickUp Layoffs: ClickUp is cutting 22 per cent of its workforce as the company shifts more aggressively towards artificial intelligence-dr...
23 May, 2026, 02.33 PM IST
'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 ...
22 May, 2026, 02.24 PM IST
Founder says Meta tried hiring him days after firing 8,000 employees: 'What happened to employee retention?'Tech giant Meta's decision to interview a senior candidate while simultaneously laying off thousands of employees has ignited a fierce deba...
22 May, 2026, 09.54 AM IST
California governor orders a plan to cope with AI job upheavalCalifornia Governor Gavin Newsom on Thursday ordered officials to start work on a plan to mitigate the job-destroying impact of artificial ...
22 May, 2026, 09.04 AM IST
Jeff Bezos rejects AI-induced job-loss fears, says the technology will ‘elevate’ workersAmazon founder Jeff Bezos dismissed AI job loss fears, predicting it will instead create labour shortages and boost worker productivity. He...
21 May, 2026, 01.34 PM IST
If your boss suddenly turns too nice, layoffs could be coming. Career coach explains 7 hidden signs to watch before actual layoffs are announced as Meta cuts thousands of jobsMeta is reportedly preparing for another major round of job cuts. Recruiters highlight subtle workplace shifts that can signal layoffs are ...
21 May, 2026, 07.56 AM IST
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
20 May, 2026, 08.03 PM IST
Meta Layoffs 2026: Why Zuckerberg's AI bet is eliminating 7,900 jobs — and what it means for every tech workerMeta layoffs 2026 hit Silicon Valley hard as nearly 10% workforce reduction begins at Meta Platforms amid rising AI restructuring and cost ...
20 May, 2026, 05.45 PM IST
LinkedIn layoffs: Over 600 employees to lose jobs as company restructures operationsLinkedIn has laid off 606 employees, impacting roles across marketing, engineering, and product. This restructuring, aimed at creating agil...
20 May, 2026, 12.12 PM IST
Meta begins 8,000 global job cuts in Asian hub of SingaporeMeta Platforms is laying off approximately 8,000 employees globally as part of a restructuring to boost efficiency and reduce costs, while ...
20 May, 2026, 08.11 AM IST
The AI blindspot: Layoffs are piling up, but where are the returns?Companies are cutting jobs to fund AI, but this strategy may not work. A global survey shows that reducing staff does not guarantee better ...
19 May, 2026, 09.37 PM IST
US stock market crashes today: Dow Jones, S&P 500, and Nasdaq fall hard as bond yields hit 19-year high - Nvidia, Broadcom, AMD, and Amazon lead massive Wall Street selloffUS stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while...
19 May, 2026, 09.30 PM IST
Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...
18 May, 2026, 07.49 AM IST
‘Fortune cookie wisdom’: Shark Tank’s Anupam Mittal trashes startup advice amid tech layoffs, reveals when he got laid offTech sector layoffs are widespread. Anupam Mittal shares his 2001 job loss experience. He criticizes the advice to start companies using AI...
17 May, 2026, 02.10 PM IST