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ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affectedGoogle Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These la...
Guess who’s got an AI edge in a tough job market?Fresh graduates in 2026 face a surprisingly brighter job market, with companies now seeing AI as an opportunity rather than just a threat. ...
Trump federal employee layoffs: Why are hundreds of fired government workers still unemployed one year after mass probationary firings?More than 300 fired federal employees across 43 states say the 2025 Trump administration layoffs still haunt their lives. Many remain unemp...
AI chiefs walk back job apocalypse warningsLeading AI figures like Nvidia's Jensen Huang and OpenAI's Sam Altman are now downplaying fears of mass job losses due to artificial intell...
Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...
OnePlus, Xiaomi among firms trimming marketing and sales roles in India amid cost pressureSmartphone companies are reducing staff in marketing and sales. Rising costs and slower sales are pushing brands to cut expenses and focus ...
America's busiest airports could become the next immigration battlegroundThe Department of Homeland Security is considering reducing customs processing at airports in cities not adhering to Trump administration i...
Odisha govt mandates EV use for official work, pushes virtual meetingsOdisha government mandates virtual meetings and a 10% fuel cut across departments. Chief Minister Mohan Charan Majhi's directive emphasizes...
SBI Bank Holiday Alert 2026: SBI branches may remain closed for up to 6 days from May 23-28 due to weekend, strike and BakridSBI bank holidays May 2026: SBI branches may be closed for up to six days from May 23, 2026, due to a weekend, a proposed two-day staff str...
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 ...
Red Lobster Tallahassee closure: Is America’s oldest Red Lobster shutting down forever? Tallahassee’s iconic 56-year restaurant closes May 24 — final chance for Cheddar Bay BiscuitsRed Lobster restaurant 2026 closing list near me: After 56 years of service, Red Lobster's longest-running U.S. location shuts its doors th...
StanChart announces massive job cuts: Standard Chartered to lay off over 7,000 employees. Check deadline, reasonStanChart or Standard Chartered's move to streamline operations and rein in costs comes as more global firms slash jobs by deploying AI to ...
Meta lays out plans for May 20 layoffs, restructuring; closes 6,000 open rolesMeta Platforms is cutting jobs and reorganizing teams to boost its artificial intelligence capabilities. Thousands of employees will be mov...
Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
Eating out or ordering online may soon cost more: Food services set to become 5–10% costlier starting next week amid fuel price hikeEating out and ordering food will soon cost more. Fuel prices have increased, impacting restaurant costs. This will lead to a 5-10% rise in...
Air India's challenges 'largely external', transformation a long game: Singapore Airlines CEOAir India's transformation is a long journey with no quick fixes, according to Singapore Airlines CEO Goh Choon Phong. The Indian carrier f...
Layoff realities: Why top performance doesn't guarantee job securityMany workers assume that strong performance ensures their position is safe. Yet, unexpected company changes like mergers or financial const...