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14 Work Hours A Day, 70 A Week: Karnataka Plans New Bill For Techies
Amid a huge uproar over a bill that directed private firms in Karnataka to reserve jobs for Kannadigas, the state government is now planning to raise the IT staff's working hours to 14 per day, the Karnataka State IT/ITeS Employees Union (KITU) said.
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Meta Looking to Hire Generative AI-Focused Workers on Metaverse Team After Layoffs
Meta is looking to hire employees to expand its foray in the generative AI space, as part of its metaverse team. As per a new job listing, could integrate GenAI with its metaverse-related efforts, including virtual reality (VR), augmented reality (AR), and mixed reality (MR) elements – that together make for components of the metaverse
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Mark Zuckerbeg Explains Why Tech Layoffs Are Happening. It's Not Because Of AI
Meta announced several rounds of layoffs as part of Mark Zuckerberg's "year of efficiency" in which thousands of employees lost their jobs in the past few months.
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Microsoft to Lay Off 1,900 Staff at Gaming Division, Including Recently Acquired Call of Duty Maker Activision
Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week, it said on Thursday, the latest cuts in the technology sector that has extended massive layoffs over the past years into 2024.
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Techie In ICU After Lift Crashes From 8th Floor In Noida, 2 Arrested
Nine IT employees were injured after a lift in a Noida high-rise building fell unexpectedly, authorities said. The lift in Noida Sector 125's River Side Tower, where the men worked, crashed from the 8th floor injuring all nine occupants.
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Watch: Customers And Restaurant Employees In Tussle Over Service Charge In Noida
Massive Fight In Noida Restaurant: On Twitter, a video captured a tussle between customers and staff outside at a Noida restaurant that reportedly took place over a service charge issue.
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Microsoft's Salaried Staff Won't Get Raise This Year, Reveals Leaked CEO Mail: Report
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...
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Amazon to Lay Off 9,000 Employees in Another Round of Job Cuts; Twitch, E-Commerce, HR Sector to Get Affected
Amazon.com on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector's woes. In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9 percent of its roug...
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Employees' Union Seeks Action Against Wipro For Cutting Fresher Salaries
IT sector employees' union NITES has written to the Union Labour Minister against Wipro's decision to cut salary offers to freshers awaiting onboarding, as it called for strict action against the tech company.
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Dell to Lay Off About 6,650 Employees Amidst Falling Demand for PCs: Report
Dell Technologies will eliminate about 6,650 jobs, or about five percent of its global workforce, hurt by falling demand for its personal computers, Bloomberg News reported on Monday. The previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough, CEO Jeff Clarke said in a memo.
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Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?
Since the end of the pandemic hiring spree, large numbers of employees have been fired from major tech companies, including Alphabet (12,000 employees), Amazon (18,000), Meta (11,000), Twitter (4,000), Microsoft (10,000) and Salesforce (8,000). Why exactly led to this massive shakeout? And what does it mean for the industry, and you?
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Spotify to Lay Off 6 Percent of Workforce as Job Cuts in Technology Sector Continue
Spotify is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.
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Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
As part of its plan to cut 18,000 jobs company-wide, Amazon will be laying off employees in the US, Canada, and Costa Rica by the end of Wednesday. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
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Tencent Fires Over 100 Employees Found Guilty of Bribery, Embezzlement
Tencent on Monday revealed that it had fired over 100 employees found guilty of bribery and embezzlement, an announcement that comes as the company struggles under a broad regulatory crackdown on China's tech sector initiated in late 2020. More than a hundred employees were guilty of violating Tencent's anti-fraud policy and one employee was found ...
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Wipro Fires 300 Employees For Moonlighting: Here's How Companies Catch Such Acts
Moonlighting is the practice where an individual takes up a secondary job while being on the payroll of a company.
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14 Work Hours A Day, 70 A Week: Karnataka Plans New Bill For Techies
Amid a huge uproar over a bill that directed private firms in Karnataka to reserve jobs for Kannadigas, the state government is now planning to raise the IT staff's working hours to 14 per day, the Karnataka State IT/ITeS Employees Union (KITU) said.
-
Meta Looking to Hire Generative AI-Focused Workers on Metaverse Team After Layoffs
Meta is looking to hire employees to expand its foray in the generative AI space, as part of its metaverse team. As per a new job listing, could integrate GenAI with its metaverse-related efforts, including virtual reality (VR), augmented reality (AR), and mixed reality (MR) elements – that together make for components of the metaverse
-
Mark Zuckerbeg Explains Why Tech Layoffs Are Happening. It's Not Because Of AI
Meta announced several rounds of layoffs as part of Mark Zuckerberg's "year of efficiency" in which thousands of employees lost their jobs in the past few months.
-
Microsoft to Lay Off 1,900 Staff at Gaming Division, Including Recently Acquired Call of Duty Maker Activision
Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week, it said on Thursday, the latest cuts in the technology sector that has extended massive layoffs over the past years into 2024.
-
Techie In ICU After Lift Crashes From 8th Floor In Noida, 2 Arrested
Nine IT employees were injured after a lift in a Noida high-rise building fell unexpectedly, authorities said. The lift in Noida Sector 125's River Side Tower, where the men worked, crashed from the 8th floor injuring all nine occupants.
-
Watch: Customers And Restaurant Employees In Tussle Over Service Charge In Noida
Massive Fight In Noida Restaurant: On Twitter, a video captured a tussle between customers and staff outside at a Noida restaurant that reportedly took place over a service charge issue.
-
Microsoft's Salaried Staff Won't Get Raise This Year, Reveals Leaked CEO Mail: Report
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...
-
Amazon to Lay Off 9,000 Employees in Another Round of Job Cuts; Twitch, E-Commerce, HR Sector to Get Affected
Amazon.com on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector's woes. In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9 percent of its roug...
-
Employees' Union Seeks Action Against Wipro For Cutting Fresher Salaries
IT sector employees' union NITES has written to the Union Labour Minister against Wipro's decision to cut salary offers to freshers awaiting onboarding, as it called for strict action against the tech company.
-
Dell to Lay Off About 6,650 Employees Amidst Falling Demand for PCs: Report
Dell Technologies will eliminate about 6,650 jobs, or about five percent of its global workforce, hurt by falling demand for its personal computers, Bloomberg News reported on Monday. The previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough, CEO Jeff Clarke said in a memo.
-
Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?
Since the end of the pandemic hiring spree, large numbers of employees have been fired from major tech companies, including Alphabet (12,000 employees), Amazon (18,000), Meta (11,000), Twitter (4,000), Microsoft (10,000) and Salesforce (8,000). Why exactly led to this massive shakeout? And what does it mean for the industry, and you?
-
Spotify to Lay Off 6 Percent of Workforce as Job Cuts in Technology Sector Continue
Spotify is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.
-
Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
As part of its plan to cut 18,000 jobs company-wide, Amazon will be laying off employees in the US, Canada, and Costa Rica by the end of Wednesday. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
-
Tencent Fires Over 100 Employees Found Guilty of Bribery, Embezzlement
Tencent on Monday revealed that it had fired over 100 employees found guilty of bribery and embezzlement, an announcement that comes as the company struggles under a broad regulatory crackdown on China's tech sector initiated in late 2020. More than a hundred employees were guilty of violating Tencent's anti-fraud policy and one employee was found ...
-
Wipro Fires 300 Employees For Moonlighting: Here's How Companies Catch Such Acts
Moonlighting is the practice where an individual takes up a secondary job while being on the payroll of a company.
