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Why This CEO Will Never Ask His Employees To Return To The Office: ''I Trust People"
With a workforce spread across the US, Israel, and Costa Rica, Mr Landau adopts a work-from-anywhere policy, allowing employees to work flexibly.
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Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge
The lawsuit came after Intel said last Thursday it would lay off more than 15 percent of its workforce, or more than 15,000 jobs, and suspend its dividend starting in the fourth quarter as part of a restructuring meant to save $10 billion (roughly Rs. 83,976 crore) in 2025.
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Intel Says It Will Sack 18,000 Staff, Cut $20 Billion In Expenses
US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations.The plan to cut approximately $20 billion in expenses this year came as Intel reported a loss of $1.6 billion in the recently ended qua
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Take-Two CEO Strauss Zelnick 'Highly Confident' of GTA 6 Releasing in Fall 2025: Report
Grand Theft Auto 6 is set to launch sometime in 2025. Take-Two Interactive, in its earnings report for fiscal year 2024 last week, narrowed down the game’s release window to the fall of calendar 2025. Now, Take-Two CEO has said he is “highly confident” of GTA 6’s planned release timing.
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'Grand Theft Auto' Video Game Publisher Cuts Workforce, Shelve Some Games
Take-Two Interactive on Tuesday told US regulators it is trimming its workforce by five percent and eliminating some video games in production to cut costs.
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Baltimore Tragedy Highlights Role Of Migrants In US Workforce
The death of six Latino workers who were fixing potholes when a Baltimore bridge collapsed highlights the crucial role immigrants play in keeping America running, say advocates.
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Blog: On Women's Day, A Question - When Will The Promised Best Arrive?
A bunch of headlines from the month gone by should force us to question why the idea of a working woman - and the economics of it - is still so skewed. Women have made progress, but it's largely not because of, but despite the wo
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Dating App Bumble To Lay Off 350 Employees After $32 Million Loss
US online dating platform Bumble on Tuesday announced plans to cut 350 positions, about a third of its workforce, as part of a restructuring plan.
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Unhappy At Work? Quiet Quitting Costs $1.9 Trillion In Productivity
Disgruntled employees cost US companies an estimated $1.9 trillion in lost productivity last year, according to research from Gallup that puts a price tag on workplace unhappiness.
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Use of ChatGPT, Other AI Tools Paused by US Space Force Over Data Concerns
The US Space Force has paused the use of web-based generative artificial intelligence tools like ChatGPT for its workforce over data security concerns, according to a memo seen by Reuters. A memo dated September 29 and addressed to Guardians, the name Space Force calls its workforce, prohibits personnel from using such AI tools including large-lang...
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US Teenager, Rejected By 16 Colleges, Hired By Google
The teenager's story was highlighted by a witness testifying at the House Committee on Education and the Workforce hearing.
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NITI Aayog Vice Chairman Recommends Revamping India's Higher Education System
India needs to revamp and improve its higher education system to take advantage of the declining working age population in developed countries like the US and European nations, former NITI Aayog vice chairman Arvind Panagariya said on Wednesday.
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US Company Throws Lavish Party For Employees, Then Lays Off 13 Per Cent Workforce
In late April, many employees took to Twitter to share pictures of the party and of them having a good time. However, a few days later, some of them revealed the layoffs at the company.
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Meta Said to Be Targeting $7 Billion in Its Second Blue-Chip Bond Sale
Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...
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US Tech Company Dropbox Slashes 16% Of Workforce Amid "Slowing Cloud Growth"
Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings.
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Why This CEO Will Never Ask His Employees To Return To The Office: ''I Trust People"
With a workforce spread across the US, Israel, and Costa Rica, Mr Landau adopts a work-from-anywhere policy, allowing employees to work flexibly.
-
Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge
The lawsuit came after Intel said last Thursday it would lay off more than 15 percent of its workforce, or more than 15,000 jobs, and suspend its dividend starting in the fourth quarter as part of a restructuring meant to save $10 billion (roughly Rs. 83,976 crore) in 2025.
-
Intel Says It Will Sack 18,000 Staff, Cut $20 Billion In Expenses
US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations.The plan to cut approximately $20 billion in expenses this year came as Intel reported a loss of $1.6 billion in the recently ended qua
-
Take-Two CEO Strauss Zelnick 'Highly Confident' of GTA 6 Releasing in Fall 2025: Report
Grand Theft Auto 6 is set to launch sometime in 2025. Take-Two Interactive, in its earnings report for fiscal year 2024 last week, narrowed down the game’s release window to the fall of calendar 2025. Now, Take-Two CEO has said he is “highly confident” of GTA 6’s planned release timing.
-
'Grand Theft Auto' Video Game Publisher Cuts Workforce, Shelve Some Games
Take-Two Interactive on Tuesday told US regulators it is trimming its workforce by five percent and eliminating some video games in production to cut costs.
-
Baltimore Tragedy Highlights Role Of Migrants In US Workforce
The death of six Latino workers who were fixing potholes when a Baltimore bridge collapsed highlights the crucial role immigrants play in keeping America running, say advocates.
-
Blog: On Women's Day, A Question - When Will The Promised Best Arrive?
A bunch of headlines from the month gone by should force us to question why the idea of a working woman - and the economics of it - is still so skewed. Women have made progress, but it's largely not because of, but despite the wo
-
Dating App Bumble To Lay Off 350 Employees After $32 Million Loss
US online dating platform Bumble on Tuesday announced plans to cut 350 positions, about a third of its workforce, as part of a restructuring plan.
-
Unhappy At Work? Quiet Quitting Costs $1.9 Trillion In Productivity
Disgruntled employees cost US companies an estimated $1.9 trillion in lost productivity last year, according to research from Gallup that puts a price tag on workplace unhappiness.
-
Use of ChatGPT, Other AI Tools Paused by US Space Force Over Data Concerns
The US Space Force has paused the use of web-based generative artificial intelligence tools like ChatGPT for its workforce over data security concerns, according to a memo seen by Reuters. A memo dated September 29 and addressed to Guardians, the name Space Force calls its workforce, prohibits personnel from using such AI tools including large-lang...
-
US Teenager, Rejected By 16 Colleges, Hired By Google
The teenager's story was highlighted by a witness testifying at the House Committee on Education and the Workforce hearing.
-
NITI Aayog Vice Chairman Recommends Revamping India's Higher Education System
India needs to revamp and improve its higher education system to take advantage of the declining working age population in developed countries like the US and European nations, former NITI Aayog vice chairman Arvind Panagariya said on Wednesday.
-
US Company Throws Lavish Party For Employees, Then Lays Off 13 Per Cent Workforce
In late April, many employees took to Twitter to share pictures of the party and of them having a good time. However, a few days later, some of them revealed the layoffs at the company.
-
Meta Said to Be Targeting $7 Billion in Its Second Blue-Chip Bond Sale
Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...
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US Tech Company Dropbox Slashes 16% Of Workforce Amid "Slowing Cloud Growth"
Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings.
