Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.

A new report by labour market firm Lightcast reveals that while AI is causing mass layoffs in the US tech industry—affecting ...

Microsoft is set to report Q4 FY25 earnings, with Wall Street expecting strong results driven by AI demand and cloud growth — ...

Industry body Nasscom foresees an inflection point, with some “workforce rationalisation” expected in the tech sector in the ...

A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.

Legacy roles are fading, AI is rising, and hiring is stalling—India’s IT services industry is entering a turbulent new phase.

Nasscom warns of more layoffs as IT firms transition to AI-driven, product-centric models, following TCS’s job cuts. While short-term disruptions loom, the industry body stresses upskilling and ...

Tata Consultancy Services plans layoffs due to AI adoption. CP Gurnani declares the end of manpower-heavy IT operations. The ...

Plus, Congress says no more office snack deductions, the best places to retire abroad and a Coldplay concert sparks office ...

TCF has decided to lay off 2 percent of its global workforce. This has fueled fears of further job losses due to AI and ...

Labor market intelligence firm Lightcast also found that so-called "human" skills such as communication and complex ...

An adequate emergency fund can help you meet your EMI commitments during such crises. You can also re-evaluate and pause your ...