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OpenAI wants to be ‘Anthropic’ as CEO of applications Fidji Simo tells employees in townhall: We cannot miss this moment because we are…

OpenAI is pivoting from broad ambitions to focus on coding tools and enterprise clients, acknowledging competitor Anthropic’s success. CEO Fidji Simo highlighted this strategic shift, calling Anthropic’s rise a “wake-up call.” The company is cutting ‘side quests’ like standalone apps to reclaim its standing with developers and businesses, aiming to integrate features like video generation…

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After laying off 1,600 engineers, Atlassian CEO Mike Cannon-Brookes says: “We retained employees with the skills to help us…

Atlassian has laid off approximately 1,600 employees, about 10% of its global workforce, to invest more in AI and enterprise sales. The cuts primarily affected R&D roles. CEO Mike Cannon-Brookes highlighted the difficult decision, emphasizing the need for competitiveness. The company is offering generous severance packages, with redundancy and office exit costs estimated at over…

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Pakistan employees face the heat: PM Shehbaz Sharif approves up to 30% salary cuts in state firms amid fuel crisis

Pakistan Prime Minister Shehbaz Sharif on Saturday approved salary cuts ranging from 5 to 30 per cent for employees of state-owned enterprises and autonomous institutions as part of a wider austerity drive to address the economic fallout of the ongoing fuel crisis.The decision was taken during a high-level review meeting chaired by the prime minister…

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Accenture CEO Julie Sweet to company’s employees: If you want a promotion, you need to …

Accenture CEO Julie Sweet has a clear message for the company’s employees. She has advised that employees seeking promotions at the company must demonstrate proficiency in using its artificial intelligence (AI) tools. The recommendation comes as AI skills have become a key part of how the consultancy now operates. Speaking on the Rapid Response podcast,…

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Adobe CEO Shantanu Narayen to step down after 18 years; tells employees in memo: “This is not a goodbye by any means but a time for..

Adobe CEO Shantanu Narayen is stepping down after 18 years, transitioning to Chair of the Board. His tenure saw Adobe evolve from boxed software to a subscription giant, generating over $25 billion annually. The announcement coincided with a strong Q1 earnings report, exceeding estimates, with AI-first product revenue tripling. A successor search is underway. Adobe…

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Stryker cyber attack: What message Iran-linked hacker group Handala left after wiping sata from laptops and phones of Stryker employees, America’s medical devices company with $125 billion valuation

One of America’s largest medical devices companies — Stryker — has been hit by a massive cyber attack that has sent its systems offline and disabled laptops and phones of its employees across the globe. On Wednesday, March 11, thousands of Stryker employees woke up to find their smartphones and laptops inoperational. For those unaware,…

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Big shift in India’s job market! Why fixed term employment is the new normal and what it means for employees

Fixed term employment is steadily emerging as a mainstream form of hiring. (AI image) India’s world of work is changing. Businesses today operate in an environment marked by rapid technological shifts, evolving geopolitical dynamics, seasonal demand cycles, project‑based work and intense global competition. Geopolitical realignments, supply‑chain reconfiguration and cross‑border regulatory developments are influencing how organisations…

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Pentagon in memo to employees: You can use Anthropic tools beyond six months if needed for …

Pentagon has reportedly told senior officials that Anthropic’s AI tools may still be used beyond the planned six-month phase-out period in certain cases. According to an internal memo seen by news agency Reuters, the US Department of Defense may allow continued use of the company’s AI products if they are considered essential for national security…

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