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META HIRING PLANS
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.- No vacancy at home: Worsening job market greets H-1B returneesIndian tech professionals returning from the US, including H-1B visa holders, face a challenging job market back home. Layoffs at major US ...
- Meta makes a $900 million super-app move in IndiaCred founder Kunal Shah, a philosophy graduate, built his platform on exclusivity for high credit scorers, now processing over 40% of India...
- Zuckerberg bets on Kunal Shah for WhatsApp’s aggressive financial services, AI pushMeta's WhatsApp is set for a major financial services and AI push with Kunal Shah at the helm. This move aims to leverage AI agents and the...
- Inside Meta's India investments: First Reliance, now CredThis was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tec...
- Reliance AGM: Key facts and numbers about Jio PlatformsMukesh Ambani's Reliance Jio Platforms is set for a significant Mumbai listing, aiming to raise approximately $3.8 billion. This move could...
- Federal regulators back Trump's plan to speed power to energy-hungry AI data centersFederal regulators are speeding up power grid connections for big energy users like AI data centers. This move aims to boost America's comp...
- Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
- China Inc deploys 'quiet' layoffs as Beijing promotes AI adoptionChinese companies are quietly implementing AI-driven layoffs and reducing graduate hiring to boost productivity, while carefully avoiding g...
- Meta launches business agent AI to automate customer service, sales and business operationsMeta has unveiled Meta Business Agent, an AI-powered assistant designed to help businesses automate customer support, sales, scheduling and...
- Meta funds skilled trades jobs program for AI data center buildoutThe cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta...
- Meta weighs big equity raising to finance AI infrastructure: FTThe report comes after Alphabet moved to raise $84.75 billion in upsized equity offerings, as Big Tech competes to build data centers and...
- Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
- Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...
- Acko hires Meta, Junglee Games executives to lead health, auto insurance businessesThe appointment comes at a time when Acko is preparing for an initial public offering(IPO). In April, ET reported that the Bengaluru-based ...
- Data spills at home; Green card limbo deepensHappy Tuesday! Recent data-collection experiments by on-demand platforms have drawn attention to Indian physical AI startups. This and more...
- Meta employee laid off after 10 years shares gut-wrenching post: ‘Yesterday I was training a new engineer, today I lost my job’A Meta employee in Singapore, Gary Tay, shared his gut-wrenching experience on LinkedIn of being laid off after nearly ten years, having tr...
- 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 ...
- Mark Zuckerberg says he feels 'weight' of Meta layoffsMeta is laying off approximately 8,000 employees, about 10% of its global workforce, to redirect resources towards an ambitious artificial ...
- 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 ...
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