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STARTUP RESTRUCTURING FOR AI
Techie says firm fired 90% of staff, plans to hire back as developers are 'dime a dozen' in BangaloreA Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced custome...
SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stageNavneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, ...
VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
American company Opendoor shuts India operations, says jobs should be closer to US customersUS real estate firm Opendoor is closing its India operations. The company is moving its work back to America. This decision impacts around ...
Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
'No email, just locked out of my laptop': Laid off Webflow employee calls out CEO, says 'I'm certain she would have the dignity to...'Webflow CEO Linda Tong faced criticism after a Canada-based employee was locked out of his laptop and company accounts without prior notifi...
OpenAI Foundation commits $250 million to help workers, economies navigate AI disruptionThe OpenAI Foundation is dedicating $250 million to address AI's impact on jobs and economies. This funding will support research, aid disp...
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...
Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
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.
We are building India-specific models for early-growth and scaling companies: FulcrumQ’s Shefali SalwanIndia is one of the most consequential markets for us, says Shefali Salwan, Founder of FulcrumQ, a global strategy and human capital adviso...
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...
Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
As Oracle revokes offer made to many IIT, NIT students, IIT Kharagpur techie has an advice for engineering students: 'Do offer shopping'Engineering graduates from premier institutes are facing the shock of revoked job offers post-placement season. These sudden withdrawals, a...
Musk, Altman management styles under fire at OpenAI trialTestimony in the OpenAI feud revealed criticisms of Elon Musk's technical competency and temper, while Sam Altman faced accusations of dish...
Neobank Fi Money’s cofounder Sumit Gwalani steps down after six yearsFi Money cofounder Sumit Gwalani has exited the startup. This follows the shutdown of Fi Money's banking service in March. The company is s...