As rounds of layoffs, especially in the tech sector, continue to weaken employee morale amid mass firings driven by AI, a new report from Lightcast reveals that job postings for non-tech roles requiring AI skills are increasing in value. Lightcast’s new Beyond the Buzz report, based on an analysis of over 1.3 billion job postings, […]
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In Gurugram, everything looks glossy — swanky offices, high-rise apartments, premium restaurants and pubs, and a lifestyle only a few can dream of in a country with a population of 1.4 billion. This is largely thanks to the boom in IT and tech, as Gurugram is home to several Fortune 500 companies with offices located […]
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FILE PHOTO: Intel is reportedly planning to layoff between 15% to 20% of its factory workers. | Photo Credit: Reuters Intel is reportedly planning to layoff between 15% to 20% of its factory workers, The Verge stated adding that most of these cuts would be implemented in July. The outlet cited a memo seen by […]
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Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday. The Seattle-based retailer said that fewer than 100 workers were impacted and the move was meant to improve efficiency and streamline operations. “As part of our ongoing work to make our teams and […]
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About 90 out of 100 senior tech professionals earning between ₹45 lakh and ₹70 lakh per annum today carry “a solid fear of losing jobs on their faces,’’ observed an IT sector recruiter who had interviewed them for various positions in the last one month. This fear seems to be spreading rapidly among techies. Following […]
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It seems the great tech layoff is far from over. The month of March saw at least 21 companies laying off 8,834 employees, as per layoffs.fyi, a portal that tracks tech layoffs in real time. March saw a dip in layoffs when compared to February, where 46 companies axed as many as 15,994 jobs, which […]
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File photo of Amazon’s logo. Amazon on March 20 announced another round of job cuts, bring the total count to 27,000 in this year itself. | Photo Credit: Reuters Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on March 20. The job […]
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File photo of Amazon’s logo. Amazon on March 20 announced another round of job cuts, bring the total count to 27,000 in this year itself. | Photo Credit: Reuters Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on March 20. The job […]
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Rajeev Chandrasekhar, Minister of State for Electronics, Information Technology, Skill Development and Entrepreneurship | Photo Credit: SUSHIL KUMAR VERMA Layoffs are happening in the tech majors in the US and not in India, said Rajeev Chandrasekhar Union Minister of State for Electronics, Information Technology, Skill Development and Entrepreneurship. Moreover, according to him, India has added […]
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Rajeev Chandrasekhar, Minister of State for Electronics, Information Technology, Skill Development and Entrepreneurship | Photo Credit: SUSHIL KUMAR VERMA Layoffs are happening in the tech majors in the US and not in India, said Rajeev Chandrasekhar Union Minister of State for Electronics, Information Technology, Skill Development and Entrepreneurship. Moreover, according to him, India has added […]
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