Nearly 3,900 Employees Lost Their Jobs To AI In May, Study Reveals

A recent report from the US-based consulting firm Challenger, Gray & Christmas has revealed that the…

Mark Zuckerberg-Led Meta Slashes Business Teams in Final Round of Layoffs

Last Updated: May 25, 2023, 06:38 AM IST Meta’s layoffs followed months of waning revenue growth…

Disney begins 3rd job cut round, 2,500 employees to be affected

Image Source : FILE Disney begins 3rd job cut round, 2,500 employees to be affected Entertainment…

Meta To Begin Latest Round Of Layoffs Next Week: Report

Meta decided to sack 11,000 employees in September 2022 and 10,000 employees in March this year.…

UK Telecoms Firm BT Group To Slash Up To 55,000 Jobs By 2030

BT, the British telecoms and television group, announced its intention to cut up to 55,000 jobs…

Vodafone plans to cut 11,000 jobs in next 3 years

Image Source : AP Representational image Vodafone has said it will cut around 11,000 jobs over…

Lay off alert: CRED-owned Happay lets go of 35% of its workforce

Image Source : FILE/REPRESENTATIVE CRED-owned Happay lets go of 35% of its workforce Corporate expense management…

Netflix Plans to Cut Spending by $300 Million This Year: Report

Last Updated: May 13, 2023, 05:12 AM IST Netflix in June also laid off 300 employees,…

‘This Isn’t A Good Outcome For Humanity’: Why Zerodha CEO Is Worried About AI-Driven Layoffs

Kamath expressed concern that in the future, many companies will blame AI for firing employees. Zerodha…