Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.
Tata Group's British luxury carmaker Jaguar Land Rover (JLR) announced plans to reduce its global workforce by approximately 4,000 roles over the next two years, aiming for 1.7 billion in savings to enhance sustainable profitable growth and invest in future technologies.
'It requires new skilling, new ways of working, and new structures. That's the reality.'
Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.
Workday, a global HR tech major, has unveiled its new AI platform, Sana, designed to automate human resources and finance functions. Chairman and CEO Aneel Bhusri stated that AI is likely to replace low-cost, outsourced jobs due to increased productivity, rather than leading to jobs moving out of first-world countries. The platform uses AI agents for tasks like payroll and compliance, and Workday has acquired C1.ai to manage access rights for these agents. Bhusri emphasised that AI should augment humans, redefining roles rather than replacing them entirely.
A LinkedIn post by Pooja Sahu, detailing her husband Sourabh's sudden layoff from Oracle after 12 years of dedicated service, including working through holidays and even from a hospital, has gone viral, capturing the emotional toll of the tech giant's latest job cuts.
In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
Zoho Corporation has paused annual pay hikes and reduced marketing expenditure, citing a four-fold increase in server prices for AI infrastructure and an uncertain software sector outlook, according to founder Sridhar Vembu.
The fifth and final T20 International between India and the West Indies was abandoned due to persistent rain on Saturday, resulting in the series being drawn 2-2. India had scored 118 for five in 7.4 overs in the rain-shortened match before play was called off.
List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.
Canadian billionaire Prem Watsa's Fairfax Financial Holdings will utilise the expertise of Deepak Parekh and Paresh Sukthankar, former HDFC leaders, as it moves to acquire a 60.72 per cent stake in IDBI Bank for 52,878 crore, with N S Kannan proposed as chairman.
'Get people young, train them, assimilate them, and grow them adequately.'
India's Women's T20 team secured a four-wicket victory over Zimbabwe in the first match of the bilateral series on Friday, overcoming an early batting collapse thanks to a crucial partnership between debutant Niki Prasad and veteran Deepti Sharma. Zimbabwe, led by Kelis Ndhlovu and Sharne Mayers, posted 114 for five.
Bhuvneshwar Kumar, despite being written off in 2022, is set to make a national comeback in 2026, showcasing his enduring swing bowling prowess and strong work ethic, particularly after stellar performances in the IPL.
The Reserve Bank of India has raised the repo rate by 0.25%. Three financial planners explain how soon banks will pass the increased loan interest on, what borrowers should check and what they need to avoid.
A Gurugram resident, Akhil Maurya, was arrested for allegedly defrauding an Italian woman, Paola Bertolini, of 900 euros (approximately Rs 98,000) under the guise of marriage. Maurya, who posed as an AI film creator, convinced Bertolini to transfer money for a project before cutting off contact. The Gurugram Cyber Crime police traced and apprehended him after the victim filed a complaint.
Indian IT companies have significantly reduced their fresh H-1B visa applications for US FY27, a direct consequence of soaring fees imposed by the Trump administration and new lottery system changes that prioritise higher-salaried employees, leading to a seven-year low in registrations.
A career break does not erase the experience that came before it. But the labour market can act as though it does. The more women invest in building professional careers, the more costly an interruption can become. How, then, do we enable women to make a comeback? Whose responsibility is it? asks Radha Roy Biswas.
Norway striker Erling Haaland is reportedly suffering from physical fatigue due to a demanding schedule for both club and country. His manager and teammates have noted his exhaustion, and the Norwegian players' union has expressed serious concerns over the increasing workload on top athletes, calling for clearer guidelines.
Indian skipper Shubman Gill sustained an elbow injury during a net session after being hit by a Mohammad Siraj delivery, though he later returned to practice. Meanwhile, veterans Virat Kohli and Rohit Sharma also batted together. Separately, the West Indies cricket board announced a 25% reduction in retainer fees for players as part of a financial restructuring.
India has strongly criticised the US decision to suspend the Permanent Labor Certification (PERM) program for eight major IT firms, including Indian giants like TCS and Wipro. New Delhi also condemned US Vice President JD Vance's description of foreign professionals as "indentured servants," calling it "unwarranted and deeply offensive." The move is expected to impact thousands of Indian tech professionals seeking permanent residency in the US and further strains bilateral ties.
Paul Bettany and James Spader bring plenty of personality to VisionQuest, but the Marvel's latest series struggles to find the emotional soul its story needs.
US Vice President J D Vance has labelled the H-1B visa programme as "completely broken" and expressed support for its total abolition. He argues that corporations exploit the system to replace American workers with cheaper international staff, rather than bringing in elite talent. Vance also defended the controversial $100,000 levy on certain H-1B petitions, viewing it as a deterrent against cost-cutting exploitation.
Indian hockey stars Hardik Singh and Manpreet Singh shared their thoughts on the recent Asian Games gold medal win, which also secured their qualification for the LA 2028 Olympics. They discussed their dietary plans, coach Craig Fulton's positive influence, and the team's belief in their attacking prowess.
The Social Reckoning may lack the crackling energy of The Social Network, but Aaron Sorkin delivers a timely warning about what happens when a world-changing platform escapes the control of its creator.
Before protesting against the State, the citizen should not have to ask: Sir, may I protest, please?, asserts Prem Panicker.
Comparing the two states is comparing an apple to an orange. I ate apples for years. Then I felt I needed some citrus, and I moved to oranges. That doesn't make the apple a lesser fruit, reflects Binu Alex.
Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.
Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.
Eighteen-year-old Indian shooter Parth Mane secured a silver medal in the men's 10m air rifle team event at the Asian Games, marking his senior continental debut.
Bakaiti Season 2 has the warmth and terrific performances to make the Katarias feel like family, but its repetitive conflicts and easy resolutions leave their struggles feeling oddly inconsequential, argues Sreeju Sudhakaran.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".
Sardar 2 has the interesting spy games, but too many convenient shortcuts and a tedious runtime leave this sequel struggling to match the crisp, engaging original, argues Sreeju Sudhakaran.
Ishan Kishan, after scoring an epic 270 in the Duleep Trophy final, revealed that freeing his mind from overthinking and expectations has been crucial to his recent success. He emphasised focusing solely on scoring runs and winning matches, a change that came after a turbulent phase in his career, including losing his BCCI central contract. Kishan highlighted the importance of domestic cricket for reflection and growth, enabling him to return stronger.
A woman sanitation worker, Sugna Devi, was mauled to death by a tiger named Shivaji in Nahargarh Biological Park, Jaipur, after a forest guard allegedly opened the enclosure gate while workers were inside. The forest department has suspended the guard and ordered an inquiry. The victim's family protested, leading to an agreement for Rs 10 lakh compensation, a dairy booth, and contractual jobs for two family members.
RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.
From Kareena Kapoor Khan's 'cop who wears lipstick' in Daayra to Rani Mukerji's relentless Shivani Shivaji Rao in the Mardaani series, Bollywood has seen a rise in powerful and nuanced portrayals of female police officers tackling brutal crimes and societal challenges.
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
