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WAVE OF JOB CUTS
How global scammers use US tech to fleece peopleIndian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center...- EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...
- FIFA 2026: Hotel boom fails to kick off as overseas demand hit by migration rules, ticket prices, airfaresIndian-origin hoteliers in the US report subdued international interest for the football World Cup, citing stricter immigration policies, h...
- Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...
- Singapore court stays order to jail Byju’s founder, lawyer saysSingapore's high court has granted a stay on a six-month jail term for Byju's founder, Byju Raveendran, who was sentenced for contempt. Thi...
- 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...
- Bitcoin’s worst week since FTX crash signals more pain aheadBitcoin experienced its worst week since the FTX collapse, with a modest rebound now raising concerns among analysts. Investors are pulling...
- War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
- 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...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- Byju’s founder Raveendran sentenced to six months in jail for contempt of courtByju Raveendran, founder of the failed Indian tech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt....
- Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cutsMeta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring th...
- Quote of the Day by Mark Zuckerberg amid Meta layoffs: “People don’t care about what you say, they care about what you build”Meta layoffs: Mark Zuckerberg's quote, "People don't care about what you say, they care about what you build," gains prominence amidst Meta...
- Everyone talks about layoffs; few talk about the survivors: 25-year tech veteran lifts the lid on a silent struggle inside Big TechA former Big Tech software engineer with 25 years of experience has gone viral after sharing how surviving mass layoffs pushed him into sev...
- Meta planning more layoffs after terminating 8,000 staff? Axed employee's remark on Mark Zuckerberg sparks buzzMeta CEO Mark Zuckerberg informed employees that no further company-wide layoffs are anticipated this year, following a recent wave affecti...
- 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...
- 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 ...
- Starbucks layoffs 2026 continue: What is driving the third round of job cuts under Brian Niccol, how many workers will be impacted and what employees need to know about severance?Starbucks layoffs 2026: Starbucks is cutting 300 US corporate jobs and closing regional support offices. This move is part of a broader tur...
- 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 ...
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