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.
TeamLease Co-founder Manish Sabharwal on why regulatory cholesterol is killing India's entrepreneurial engine -- and how we can fix it and generate 100 million jobs in India in just about 7 years.
TeamLease Digital CEO Neeti Sharma discusses how AI is driving a structural reset in the tech industry, leading to layoffs, reshaping hiring practices, and increasing job insecurity.
You are curious about the characters and admire their bravery, and yet the drama never really cuts deep as it should, notes Mayur Sanap.
Seventeen sports will feature at the 2030 Commonwealth Games in Ahmedabad, which is set to be staged at around 60 per cent lower cost than previous editions as part of the Commonwealth Sport's revamped hosting model.
West Bengal Chief Minister Suvendu Adhikari outlined his government's priorities, focusing on strengthening the state's economy, attracting investment to create jobs, and improving law and order. He criticised the previous administration for alleged corruption and appeasement politics, while highlighting initial successes in border management and reducing criminal activities.
The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.
For engineers across the country, the Oracle job cuts served as a rude reminder of what the AI era has in store for the tech world.
Portugal defender Diogo Dalot has defended Cristiano Ronaldo and insisted the squad remains united despite criticism following their World Cup draw with DR Congo, claiming some people are actively hoping Portugal fail.
Dive into the chaotic world of Ab Hoga Hisaab, a revenge drama that attempts to weave a complex narrative of crime and retribution but often loses its way amidst a multitude of bizarre subplots, notes Deepa Gahlot.
While FY25 attrition rates remained below pre-Covid levels, most companies experienced a 1 to 3 percentage point increase compared to FY24.
Sweden's star strike partnership of Alexander Isak and Viktor Gyokeres faces a stern challenge against Tunisia's rock-solid defence as the two sides begin their FIFA World Cup 2026 Group F campaign.
Akshay Bhatia, an Indian-origin golfer, surged up the leaderboard with a 5-under 65 at the Charles Schwab Challenge, while Sahith Theegala slipped. Sudarshan Yellamaraju missed the cut. Jordan Smith leads the tournament.
A delegation of Indian startup founders and leaders visited the UK to explore collaborations in artificial intelligence and technology, aiming to strengthen the India-UK innovation corridor.
A riveting mother-son drama with a superb first half, Balan: The Boy loses some of its grip after an ambitious but uneven turn, notes Sreeju Sudhakaran.
Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.
Carlo Ancelotti has extended his contract as the manager of the Brazilian national football team until the 2030 World Cup.
Matteo Berrettini reached the French Open quarterfinals by ousting giant-killer Juan Manuel Cerundolo, while Felix Auger-Aliassime and Flavio Cobolli sealed their last-eight spots with contrasting wins.
Union Minister Nitin Gadkari has called for Indian companies to form joint ventures with US companies to leverage new technologies, while also expressing an ambitious target to make India's automobile industry the world's number one within five years.
Oracle Corporation has reportedly laid off thousands of employees globally, including a significant number in India, with affected individuals receiving early morning termination emails and immediate laptop lockouts, despite the company posting record quarterly revenues of $17.2 billion.
'The trade deficit in some sectors is huge and that is an area of opportunity to localise.'
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.
To turn disruption into opportunity, NITI Aayog has recommended the launch of a National AI Talent Mission to make India the AI workforce capital of the world.
The BJP must respect Bengal's pluralistic ethos and with this historic mandate give the state the constructive change it truly deserves, expects Kolkata native Payal Singh Mohanka.
If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.
Delhi Police have dismantled an interstate cyber fraud racket that deceived individuals with false promises of overseas jobs and visa services, leading to the arrest of three suspects.
'The BJP successfully merged governance with identity. That's a powerful combination in Assam's political context.'
Former India goalkeeper PR Sreejesh has publicly criticised Hockey India for allegedly favouring foreign coaches over Indian coaches, despite his successful tenure with the junior men's team. Hockey India has rejected Sreejesh's claims.
The size of the job cuts could not be ascertained.
Maytas Infra, the listed company promoted by the family of Satyam founder B Ramalinga Raju, is looking to rationalise its employee strength. Consequently, there would be some job cuts and inductions.
'At the first sign of real trouble, that money will move. There will be a run.'
Prime Minister Narendra Modi launched a strong attack on the Mamata Banerjee government in West Bengal, accusing it of facilitating cultural changes through infiltration, presiding over a 'Maha jungleraj' in tribal areas, and betraying women, farmers, and youths.
Senior BJP leader Smriti Irani has criticised the TMC government in West Bengal, alleging corruption and failure to ensure women's safety. She promised a monthly cash support of Rs 3,000 for every woman if the BJP is voted to power.
'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'
Mammootty's greatness lies not in hiding his flaws, but in turning them into his most powerful acting tools, observes Sreehari Nair.
'Much later when I came to Afghanistan, I realised that there were songs in Bollywood films.'
Pukhraj Singh Gill emerged victorious at the ADT Players Championship presented by The R&A, overcoming a tense three-way play-off to secure his first international title.
'The nepotism, corruption, bad governance and 15 years of rampant crime that has happened across West Bengal under her rule led to her ouster.'
Job cuts announced by US employers fell for the fourth consecutive month in May to over 1,10,000, recording a 16 per cent dip from layoffs announced in April, but the decline could be shortlived as downsizing may pick up pace after the summer months, a report has said.
