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TELECOM INDUSTRY JOB REDUCTION
SBI ordered to pay Rs 20 lakh compensation each to sweepers; HC says bread is costlier than bloodEnding a 27-year legal fight, the Orissa High Court ordered a public sector bank to pay Rs 20 lakh each to two daily-wage sweepers. The cou...
Verizon join forces to create $4 billion international joint ventureBT and Verizon are merging their international enterprise operations into a new 50:50 joint venture, aiming to serve multinational clients ...
BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
Of service to the State: Bengal should prioritise high-skill services, sidestep constraints that make manufacturing difficultWest Bengal's new budget prioritizes job creation, but the path through manufacturing faces significant hurdles like fragmented land and in...
Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
DoT opens applications under new telecom authorisation regimeThe Department of Telecom has opened applications for companies seeking authorization to provide telecommunication services under the new T...
High salary in startup or stable MNC job? What is the right choice? Employee gets a reality check six months after job switchA tech professional's experience has sparked discussion online after he reportedly left a stable multinational company for a smaller firm o...
Anthropic hires Orange's AI chief amid Europe pushOrange's Chief AI Officer, Steve Jarrett, is departing the French telecom giant to join U.S. AI startup Anthropic. He will be based in Pari...
Germany cuts cost of travel protection fund for tour firmsGermany is significantly slashing costs for protecting package holidays against tour operator failures. Effective November 1, fees for the ...
United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...
India rewrites telecom rulebook, replacing licence contracts with statutory authorisationsNew government rules replace the telecom industry's contractual licensing with a unilateral statutory model. Operators will now receive aut...
3x salary hike in just one year: Employee reveals the risky decision that helped him jump from 7.8 LPA to 24.8 LPA incomeA Java Full Stack Developer shared on Reddit how he nearly tripled his salary within a year, increasing his package from 7.8 LPA to 24.8 LP...
DoT notifies new authorisation norms for telcos to shift from licencing regimeThe government has launched a new authorization-based framework for the telecom sector, replacing the old licensing system. A dedicated por...
RIL's call to list Jio Platforms could unlock up to 35% valueReliance Industries shares surged as investors anticipate significant value from the upcoming Jio Platforms IPO, alongside advancements in ...
Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
DoT retains backhaul spectrum pricing, rejects Trai's cut proposalTelecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal...
Jio Platforms IPO likely by October-November; AI and ARPU growth in focus: Piyush PandeyReliance Industries' Jio Platforms IPO is anticipated by October-November, with strong investor interest expected due to a small fresh equi...
Jio Platforms plans $3 billion debt reduction from IPO proceedsJio Platforms is gearing up for its IPO, planning to allocate a significant portion of the funds to repay nearly $3 billion in external com...
Reliance Jio Telecom Business: Ambanis bet on 5G, AI and broadband in five-point blueprint for Jio's next chapterReliance Jio remains India's telecom leader with aggressive 5G expansion, growing subscriber numbers, and new digital services featured pro...
BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and whyBBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider ...