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According to a report by IANS that was initially reported to People Matters, prominent computer accessories company Logitech has fired almost 300 employees in light of the challenging financial climate. The story goes on to state that a decline in the company’s revenue is what led to the layoffs. As compared to the prior year, […]
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The tech industry is going through a difficult moment as more and more businesses announce their intention to fire staff. According to reports, Disney is apparently contemplating another another round of layoffs, which could affect as many as 4,000 workers. In an effort to reduce expenses last month in the face of a “difficult economic […]
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According to people familiar with the situation, Facebook-parent Meta Platforms is preparing additional layoffs that will be revealed in several rounds over the coming months and might equal the 13 percent employment reduction total from last year. Meta was the first Big Tech business to announce a second round of huge layoffs after terminating 11,000 […]
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Dyson, which just expanded into India, provides a variety of hair style tools for ladies. The tech lifestyle business with headquarters in Singapore thinks the category has a lot of potential and has plans to grow it even further in the future years. Senior Dyson engineer Chidambersan Krishnaswami said in an exclusive interview with India […]
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Airbnb, a well-known hospitality company, has eliminated employees once more. According to sources, 30% of Airbnb’s personnel responsible for recruiting has been let go. The research is released after Airbnb reported an increase in income in 2022. The business currently has 1.9 million dollars in net income. At the moment, the employs roughly 6800 people, […]
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The largest exporter of information technology services from India, Tata Consultancy Services (TCS), has stated that it will not lay off any people, in contrast to all the worldwide tech giants like Google, Meta, Twitter, and Amazon. According to a higher-ranking TCS official, the company is “not planning any layoffs” and will instead give its […]
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As part of a larger strategy to slash costs globally, telecom equipment manufacturer Ericsson announced on Monday that it would eliminate roughly 1,400 jobs in Sweden. A reduction in costs of 9 billion crowns ($880 million) by the end of 2023 had been previously stated by the corporation due to a slowdown in demand in […]
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The world has changed significantly since OpenAI launched their AI-powered chatbot ChatGPT. The chatbot, which was built using OpenAI’s GPT-3 family of big language models, quickly spread throughout the world. The chatbot’s capacity to provide immediate, understandable responses that are human-like is what has led to its universal acceptance. The chatbot gained popularity as a […]
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The globe has been swept up in ChatGPT. While some view it as a threat, others are excited to join forces with the new AI chatbot that is giving Google sleepless nights. Employers in India have already begun looking for people with knowledge of ChatGPT. This basically means that you need to understand the AI […]
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Following Wipro, it is now alleged that Infosys is terminating hundreds of new hires who failed an internal fresher assessment (FA) test. According to sources, the Indian IT technology company fired 600 interns. Over 400 Wipro employees apparently lost their jobs last month due to poor performance. According to a Business Today article, Infosys is […]
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