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New Delhi: In one of the biggest layoff waves of 2025, tech giants like Amazon, Microsoft, Meta, Intel and others are cutting tens of thousands of jobs as they shift focus towards AI-driven growth. Intel has slashed over 21,000 roles to Meta trimming 5 per cent of its workforce as the industry is undergoing a…
New Delhi: As geopolitical tensions between India and Pakistan continue to make global headlines, a major corporate shake-up has emerged from Japan. Panasonic, a Japanese electronics giant and key battery supplier to Tesla has announced layoffs of 10,000 employees both domestically and internationally. The company has decided to cut about 4 per cent of its…
New Delhi: Over the past two years , workforce reductions have impacted a range of industries, including technology, finance, manufacturing, media, and retail. A Business Insider report highlights that companies are offering various reasons for recent layoffs with a key factor being the rise of technological advancements, particularly artificial intelligence (AI). As per the recent…
New Delhi: Google has laid off 10 per cent of its managerial staff as part of a long-running campaign to increase efficiency by double that number. Multiple news reports said CEO Sundar Pichaiin an all-hands meeting Wednesday, indicated the cuts will come at the manager, director, and vice president roles. A Google spokesperson told the…
Last Updated:November 01, 2024, 05:07 PM IST Dropbox has decided to lay off 528 employees or about 20 per cent of its workforce amid shoftening demand and macroeconomic headwinds in its core business. This is the second round of layoffs at Dropbox after a 16 per cent reduction in staff in April 2023. Dropbox, a…
Boeing has lost more than $25 billion since the start of 2019. (AP file Photo) Boeing will further delay the rollout of a new plane, the 777X, to 2026 instead of 2025. It will also stop building the cargo version of its 767 jet in 2027 after finishing current orders. Boeing plans to lay off…
Dell layoffs announced employees fired for AI Source link [ad_3]
New Delhi: Microsoft, Technology company has announced another round of layoffs this week, as reported by Geekwire. These layoffs are part of the tech giant’s ongoing efforts to streamline its workforce and improve efficiency. Microsoft hasn’t disclosed the number of people affected by the latest layoffs. However, reports indicate that the job cuts span across…