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Boeing To Fire 10% Workforce, 17,000 Employees Set To Be Sacked
Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.
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AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
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India Likely To Add 33 Million Jobs To Its Workforce By 2028 In AI Era
Emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028, according to new research by AI platform for business transformation, ServiceNow.
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Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees
In August, it announced plans to reduce its workforce by 15,000 through voluntary separations and layoffs.
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Australia's New Visa Programme Aims To Benefit Indian Students, Professionals
Australia's MATES Visa Programme: The scheme aims to bridge workforce gaps in Australian industry by granting employers access to highly skilled Indian talent.
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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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Bandai Namco Begins to Cut Workforce After Cancelling Games
Bandai Namco Holdings is cutting its workforce after canceling several titles due to lackluster demand. Like its competitors, the company’s now under pressure to cut costs and adjust to a post-pandemic drop in the time users have for games.
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Boeing To Cut 17,000 Jobs Worldwide Amid Factory Strikes
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region.
-
ByteDance's TikTok Cuts Hundreds of Jobs in Shift Towards AI Content Moderation
TikTok is laying off hundreds of employees from its global workforce, including a large number of staff in Malaysia, the company said on Friday. Two sources familiar with the matter earlier told Reuters that more than 700 jobs were slashed in Malaysia.
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PM Modi Inaugurates Indian Institute Of Skills Mumbai, 10 New Medical Colleges In Maharashtra
The IIS Mumbai has been set up with an aim to create an industry-ready workforce with cutting-edge technology and hands-on training.
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Samsung Said to Cut Thousands of Jobs Amid Struggles in AI Market
Samsung Electronics Co. is initiating layoffs across Southeast Asia, Australia, and New Zealand. These layoffs are expected to impact roughly 10 percent of the workforce in these regions, though the figures may differ for each subsidiary, sources told Bloomberg.
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Argentina Adds Ethereum Study to High School Curriculum in Buenos Aires Schools
Argentinian authorities have decided to make the study of Ethereum a part of the high school curriculum. The local education ministry of Buenos Aires has joined forces with the ETH Kipu Foundation to facilitate this initiative. The aim is to introduce high school students to the blockchain technology within their existing classrooms.
-
GoPro to Cut 15 Percent of Workforce in Restructuring Push
GoPro has decided to cut about 15 percent of its workforce this year, as part of a restructuring plan to reduce operating expenses. The company expects to take charges in the range of $5 million (roughly Rs. 41.8 lakh) to $7 million (roughly Rs. 58.6 lakh) for the restructuring plan,
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Gita Gopinath On What India Needs To Do To Become Developed Nation By 2047
Gita Gopinath of the International Monetary Fund (IMF) has called for more investments in health and public infrastructure in India and a workforce that's way more skilled.
-
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.
-
Boeing To Fire 10% Workforce, 17,000 Employees Set To Be Sacked
Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.
-
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
-
India Likely To Add 33 Million Jobs To Its Workforce By 2028 In AI Era
Emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028, according to new research by AI platform for business transformation, ServiceNow.
-
Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees
In August, it announced plans to reduce its workforce by 15,000 through voluntary separations and layoffs.
-
Australia's New Visa Programme Aims To Benefit Indian Students, Professionals
Australia's MATES Visa Programme: The scheme aims to bridge workforce gaps in Australian industry by granting employers access to highly skilled Indian talent.
-
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.
-
Bandai Namco Begins to Cut Workforce After Cancelling Games
Bandai Namco Holdings is cutting its workforce after canceling several titles due to lackluster demand. Like its competitors, the company’s now under pressure to cut costs and adjust to a post-pandemic drop in the time users have for games.
-
Boeing To Cut 17,000 Jobs Worldwide Amid Factory Strikes
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region.
-
ByteDance's TikTok Cuts Hundreds of Jobs in Shift Towards AI Content Moderation
TikTok is laying off hundreds of employees from its global workforce, including a large number of staff in Malaysia, the company said on Friday. Two sources familiar with the matter earlier told Reuters that more than 700 jobs were slashed in Malaysia.
-
PM Modi Inaugurates Indian Institute Of Skills Mumbai, 10 New Medical Colleges In Maharashtra
The IIS Mumbai has been set up with an aim to create an industry-ready workforce with cutting-edge technology and hands-on training.
-
Samsung Said to Cut Thousands of Jobs Amid Struggles in AI Market
Samsung Electronics Co. is initiating layoffs across Southeast Asia, Australia, and New Zealand. These layoffs are expected to impact roughly 10 percent of the workforce in these regions, though the figures may differ for each subsidiary, sources told Bloomberg.
-
Argentina Adds Ethereum Study to High School Curriculum in Buenos Aires Schools
Argentinian authorities have decided to make the study of Ethereum a part of the high school curriculum. The local education ministry of Buenos Aires has joined forces with the ETH Kipu Foundation to facilitate this initiative. The aim is to introduce high school students to the blockchain technology within their existing classrooms.
-
GoPro to Cut 15 Percent of Workforce in Restructuring Push
GoPro has decided to cut about 15 percent of its workforce this year, as part of a restructuring plan to reduce operating expenses. The company expects to take charges in the range of $5 million (roughly Rs. 41.8 lakh) to $7 million (roughly Rs. 58.6 lakh) for the restructuring plan,
-
Gita Gopinath On What India Needs To Do To Become Developed Nation By 2047
Gita Gopinath of the International Monetary Fund (IMF) has called for more investments in health and public infrastructure in India and a workforce that's way more skilled.
-
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.
