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"Labor Market Impact Is Small": Zoho's Sridhar Vembu On AI Taking Over Jobs
Zoho founder Sridhar Vembu noted that while vendors are promising major savings by cutting jobs through AI, "at least so far," the labour market impact has been "small".
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"Best Leaders Get Most Done With Fewest People": New Intel Chief On Layoffs
Bloomberg reported that more than 20 percent of Intel staff could be laid off.
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Intel To Cut 20% Workforce Amid Major Restructuring Efforts: Report
Intel has seen its sales drop three years in a row and has trailed Nvidia when it comes to advancements in technology.
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Intel to Announce Plans This Week to Cut Over 20 Percent of Staff
Intel is poised to announce plans this week to cut more than 20 percent of its staff. The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August.
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Elon Musk-Led DOGE Pushes Deloitte To Cut Consulting Jobs In US: Report
Deloitte, one of the Big Four accounting giants, is trimming staff in its US consulting division after Elon Musk-controlled Department of Government Efficiency (DOGE)'s push for cutting federal spending.
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US Health Department To Cut 10,000 Jobs As Part Of Overhaul
The US health department will reduce its workforce by around 10,000 full-time employees as part of a broader cost-cutting overhaul of the federal government, according to an official statement released Thursday.
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Tomb Raider Developer Crystal Dynamics Announces Layoffs
Tomb Raider developer Crystal Dynamics has announced layoffs, calling the move “necessary” for its future success. As many as 17 staff members will be let go as part of the layoffs. The studio, currently working on the next Tomb Raider title, said the job cuts would not affect its plans for its current projects.
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Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's staff, on Tuesday, TechCrunch reported.
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Ola Electric Says Government Sought Information on Sales-Registration Data Mismatch
Indian authorities have asked Ola to explain the mismatch between its vehicle sale and registration numbers for February, which were caused by a "temporary" backlog in registrations. Ola has been facing mounting challenges, from declining sales to increased regulatory scrutiny since last year.
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Job Losses Mount In Washington As Trump Returns
Jennifer Nikolaeff slowly inhales and exhales as she seeks "a moment of calm" at a free yoga class for sacked government workers in Washington, where life has been upended by Donald Trump's return
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Audi To Layoff 7,500 Employees In Germany By 2029
The job cut from Audi will affect around 14 per cent of its workforce in Germany.
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Amazon To Cut 14,000 Jobs In Mega Cost-Saving Drive: Report
Amazon is planning to cut 14,000 managerial positions by early 2025 as part of its efforts to cut costs and improve efficiency, according to a report.
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US Federal Workers Turn To Social Media For Support Amid Musk Job Cuts
A spoon emoji, a subreddit, a viral song: US federal workers are finding sweet succor in the bosom of the internet as President Donald Trump takes an ax to their jobs.
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"Difficult Day For Us": John Hopkins University Fires Over 2,000 Employees
John Hopkins, in Maryland's largest city an hour's drive north of the US capital, is eliminating more than 2,000 positions.
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NASA Fires Chief Scientist On Trump's Order, More Job Cuts To Come
NASA announced Tuesday the dismissal of its chief scientist and others to comply with orders from President Donald Trump, marking the latest in a series of administration actions undermining climate change research.
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"Labor Market Impact Is Small": Zoho's Sridhar Vembu On AI Taking Over Jobs
Zoho founder Sridhar Vembu noted that while vendors are promising major savings by cutting jobs through AI, "at least so far," the labour market impact has been "small".
-
"Best Leaders Get Most Done With Fewest People": New Intel Chief On Layoffs
Bloomberg reported that more than 20 percent of Intel staff could be laid off.
-
Intel To Cut 20% Workforce Amid Major Restructuring Efforts: Report
Intel has seen its sales drop three years in a row and has trailed Nvidia when it comes to advancements in technology.
-
Intel to Announce Plans This Week to Cut Over 20 Percent of Staff
Intel is poised to announce plans this week to cut more than 20 percent of its staff. The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August.
-
Elon Musk-Led DOGE Pushes Deloitte To Cut Consulting Jobs In US: Report
Deloitte, one of the Big Four accounting giants, is trimming staff in its US consulting division after Elon Musk-controlled Department of Government Efficiency (DOGE)'s push for cutting federal spending.
-
US Health Department To Cut 10,000 Jobs As Part Of Overhaul
The US health department will reduce its workforce by around 10,000 full-time employees as part of a broader cost-cutting overhaul of the federal government, according to an official statement released Thursday.
-
Tomb Raider Developer Crystal Dynamics Announces Layoffs
Tomb Raider developer Crystal Dynamics has announced layoffs, calling the move “necessary” for its future success. As many as 17 staff members will be let go as part of the layoffs. The studio, currently working on the next Tomb Raider title, said the job cuts would not affect its plans for its current projects.
-
Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's staff, on Tuesday, TechCrunch reported.
-
Ola Electric Says Government Sought Information on Sales-Registration Data Mismatch
Indian authorities have asked Ola to explain the mismatch between its vehicle sale and registration numbers for February, which were caused by a "temporary" backlog in registrations. Ola has been facing mounting challenges, from declining sales to increased regulatory scrutiny since last year.
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Job Losses Mount In Washington As Trump Returns
Jennifer Nikolaeff slowly inhales and exhales as she seeks "a moment of calm" at a free yoga class for sacked government workers in Washington, where life has been upended by Donald Trump's return
-
Audi To Layoff 7,500 Employees In Germany By 2029
The job cut from Audi will affect around 14 per cent of its workforce in Germany.
-
Amazon To Cut 14,000 Jobs In Mega Cost-Saving Drive: Report
Amazon is planning to cut 14,000 managerial positions by early 2025 as part of its efforts to cut costs and improve efficiency, according to a report.
-
US Federal Workers Turn To Social Media For Support Amid Musk Job Cuts
A spoon emoji, a subreddit, a viral song: US federal workers are finding sweet succor in the bosom of the internet as President Donald Trump takes an ax to their jobs.
-
"Difficult Day For Us": John Hopkins University Fires Over 2,000 Employees
John Hopkins, in Maryland's largest city an hour's drive north of the US capital, is eliminating more than 2,000 positions.
-
NASA Fires Chief Scientist On Trump's Order, More Job Cuts To Come
NASA announced Tuesday the dismissal of its chief scientist and others to comply with orders from President Donald Trump, marking the latest in a series of administration actions undermining climate change research.
