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You Searched For "layoffs in it sector" and got 20 results


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6 mins read

SIMPLY PUT: What’s with all “Unbossing” talks? Are Indian companies also embracing this global trend?

The corporate trend of 'Unbossing' is gaining traction globally, including in India. Major companie…

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2 mins read

Netflix gaming exec reveals a new AI role after the shutdown of a buzzy games studio and layoffs

Mike Verdu, Netflix's former games chief, is now leading AI-driven game development for the streami…

Lucia Moses   


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2 mins read

Microsoft job cuts continue, company lays off hundreds of employees in Xbox gaming division

Microsoft has announced layoffs in its Xbox gaming division, affecting corporate and support roles.…

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5 mins read

It's a tough time to be a tech graduate — AI and layoffs have made it a competitive job market

The rise of AI, offshoring, and layoffs are making the tech job market tougher for new graduates.

Beatrice Nolan   


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2 mins read

'Painful news to share' says Intel CEO Pat Gelsinger as company prepares to lay off thousands of employees

Chipmaker Intel has revealed plans to reduce its workforce by 15 percent and the decision could imp…

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4 mins read

India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses

According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…

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2 mins read

IBM announces job cuts in two of its divisions; Tech workforce uneasy about AI’s impact, survey reveals

In the latest workforce reduction move of 2024, IBM has announced significant job cuts within its m…

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1 min read

Microsoft effects new job cuts, lays off 276 employees in customer service, support and sales teams

Microsoft has laid off 276 employees, mostly in customer service, support and sales teams, in a new…

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4 mins read

Layoffs are a nightmare for employees, but Wall Street loves them

Companies with strong profits are letting workers go to prove to Wall Street that they're serious a…

Emily Stewart   


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3 mins read

Apple layoffs are a sign Tim Cook is getting a little more serious

The iPhone maker has laid off some 600 employees in California working on expensive R&D projects at…

Hasan Chowdhury   


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1 min read

IT stocks climb as Accenture’s commentary on strong demand bodes well for the sector

IT stocks climb as Accenture’s commentary on strong demand bodes well for the sector

Bhakti Makwana   


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3 mins read

Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’

In spite of the many startups laying off employees since last year, the Indian IT sector has so far…

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2 mins read

Bumper corporate profits helped prevent mass layoffs and a recession, says leading economist

Big corporate profits led to employers retaining workers, which helped shore up spending and preven…

Theron Mohamed   


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4 mins read

Tech workers reported feeling increasingly dissatisfied with their salaries. Layoffs may be fueling the frustration.

Companies are "right-sizing staff and their salaries" and limiting larger pay increases, Dice's CEO…

Aaron Mok   


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2 mins read

Having double majors could make you less vulnerable to layoffs and AI

Double majors are less likely to experience layoffs and pay cuts, per an NBER paper. This could pos…

Jacob Zinkula   


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2 mins read

Gen Z has discovered the ultimate anti-layoff hack: government jobs

Young people disillusioned by layoffs in tech and other sectors are turning to work in the public s…

Katie Notopoulos   


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3 mins read

AI isn't driving tech layoffs but it does make a good scapegoat

Despite early bluster about replacing workers with robots, there's been little clear evidence this …

Beatrice Nolan   


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3 mins read

The economy is roaring. So why do we keep hearing about layoffs?

Layoffs at big, prominent companies are in the news. However, the US layoffs and discharges rate ha…

Madison Hoff   


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5 mins read

GenZ and finance: Layoffs to continue in 2024 – Here’s how to be financially prepared

However, the layoffs may be more sector specific. “The likelihood of layoffs in India in 2024 is un…

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2 mins read

The layoffs sweeping tech companies are 'contagious' and 'may get worse,' Jefferies analyst predicts

Tech layoffs may be here to stay as companies invest in generative AI and want to show investors be…

Ana Altchek