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Oracle may lay off up to 30,000 employees, and one of the Big reasons is the company’s ‘commitment’ to Sam Altman’s OpenAI for…

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already incurred significant debt for AI data centers, with its stock value plummeting. US banks are hesitant to finance Oracle’s projects, forcing the company to seek upfront customer payments and consider selling its Cerner unit. Oracle…

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HCCB, Coca-Cola India’s bottling arm, to lay off 300 employees; move to streamline operations

Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola India, is set to lay off around 300 staffers as part of a plan to improve profitability and streamline operations.The company has approximately 5,000 employees and 15 manufacturing units, bottles and distributes brands such as Coca-Cola, Thums Up, Sprite, Minute Maid juices and Kinley water.A company…

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Heavy security deployed: Suspended TMC MLA Humayun Kabir to lay ‘Babri Masjid’ foundation stone in Murshidabad | Kolkata News

KOLKATA: Security has been tightened in West Bengal’s Murshidabad district ahead of a contentious foundation-laying ceremony planned by suspended Trinamool Congress MLA Humayun Kabir, who has announced he will inaugurate a structure named “Babri Masjid” in Beldanga on Saturday. Safiqul Islam, a resident of Uttar Barasat, was seen carrying bricks on his head, saying his…

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Top Gun maker fires bullets: Paramount to lay off 2,000 workers, CEO calls it a step toward success | Business

Paramount Skydance Corporation, the company behind the blockbuster Top Gun: Maverick, has announced plans to cut approximately 2,000 jobs as part of a sweeping restructuring. According to an internal memo sent by CEO David Ellison, the move is intended to streamline the organisation and ensure it remains a strong, future focused company. The first phase…

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Amazon may lay off 30,000 employees in largest job cut in the company’s history

Amazon is reportedly preparing for a significant reduction in its corporate workforce, with plans to cut as many as 30,000 jobs starting this week, news agency Reuters reported citing three people familiar with the matter. The massive layoff—which would represent nearly 10% of the company’s roughly 350,000 corporate employees—marks Amazon’s largest job elimination effort since…

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Connecting the ‘Red’ dots: Dense Chhattisgarh forests no longer safe for Naxals; over 200 Maoists lay down arms | Raipur News

The Manjhis, Chalkis and members of tribal communities from across Bastar, welcomed the surrendered Maoists with red roses in Jagdalpur. NEW DELHI: The recent developments in Chhattisgarh’s Bastar region mark a significant turning point in Country’s ongoing battle against Naxalism, a form of left-wing extremism that has plagued parts of the country for decades. The…

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