Latest News, Updates & Breaking Headlines
JPMorgan Chase CEO Jamie Dimon recently gave a clear warning about the disruption power of artificial intelligence. Dimon believes that job losses are inevitable, but so is the opportunity to retain and deploy workers into new roles. As reported by Business Insider, In an interview with Bloomberg TV, Dimon said that the bank has invested…
The technology services sector is witnessing a fundamental transformation from personnel management to competency-based organisation. (AI image) The Indian IT sector has been hit by a wave of what experts are calling ‘silent layoffs’! These firings may lead to as many as 50,000 people losing their jobs in the IT sector by year-end.Whilst precise dismissal…
TCS, which is Tata Group’s most profitable entity, had in July announced a workforce reduction of 12,261 positions. (AI image) TCS layoffs: Tata Consultancy Services, India’s largest IT services exporter, has released around 1% of its workforce, its Chief HR Officer Sudeep Kunnumal said on Thursday. Kunnumal said that around 6,000 people have been laid…
The increase in workforce reductions coincides with a slowdown in the labour market. (AI image) The US economy is staring at a prospect where its job losses for the year could cross 1 million! Nearly 95,00,00 layoffs have happened by US employers through September 2025, marking the highest such figures since 2020, according to outplacement…
Karolin Leavitt confirmed that the federal layoffs because of the government shutdown are likely to be in the thousands. After hinting at massive layoffs because of the federal government shutdown, the White House Thursday confirmed that the figure of layoffs is likely to be in the thousands. Ahead of President Trump’s meeting with Office and…
Google has laid off more than 100 employees in its Cloud division this week, primarily affecting workers in design and user experience research roles, according to reports from CNBC and Business Insider. Affected employees received emails on Monday informing them their positions were being eliminated, according to internal documents viewed by CNBC and several LinkedIn…
In 2025, immigrants in the United States, especially those on H-1B visas, face one of the most challenging periods in recent history. A convergence of policy shifts, large-scale tech layoffs, shrinking healthcare access, and rising anti-immigrant rhetoric has created unprecedented uncertainty. For the country’s highly skilled workforce, the consequences extend beyond legal status, affecting career…
The advancement of Artificial Intelligence (AI) in the last couple of months has shaped the way we work and the workplace in drastic ways. And one of the largest IT services company in India, Tata Consultancy Services (TCS) seems to be a proof of this. In August, TCS confirmed in a public statement that it…
The United States is once again staring at a possible government shutdown. Unless Congress agrees on a funding deal before midnight on September 30 large parts of the federal government will run out of money and be forced to close from October 1.Here’s what’s happening and why it matters. What is a government shutdown? A…
Google has laid off more than 200 contractors who worked on evaluating and improving its AI products, a report claims. The layoffs, which occurred recently and without any warning, reportedly come amid an ongoing dispute over pay and working conditions for these workers. These contractors, who are employed through outsourcing companies like Hitachi-owned GlobalLogic, are…
