IBM employed a total of 434,246 persons globally at the end of 2012.
The airline, on its part, on Wednesday denied retrenchment plans.
'The reality is that every one of us will be pushed to learn and relearn faster than ever before. Some people will rise to that challenge. Some may not. But the opportunity itself is massive,' says Noshir Kaka, senior partner, McKinsey.
'If the business doesn't recover in next 6-10 months, there might be situation where there would be some lay-offs...That may be required for survival and to ensure livelihood to millions of people.'
Infographics break down the key numbers and decisions, making it quick and easy to understand what the Budget means for the economy.
Indian restaurants are grappling with a severe LPG shortage due to the West Asia conflict, forcing them to innovate with menus and cooking methods or face potential closures, impacting the food industry and consumers across the country.
The Karnataka government has formed a committee on responsible AI to develop a framework for the safe, ethical, and transparent adoption of AI across government systems and public services.
Infosys commits to hiring 20,000 graduates amid industry-wide layoffs and uncertainty.
The move would result in around 25-30 job cuts.
The Washington Post Guild, the union for staff members, had appealed to the public to send a message to Bezos: "Enough is enough. Without the staff of The Washington Post, there is no Washington Post."
The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.
Benchmark BSE Sensex fell 558 points on Thursday amid heavy selling in IT shares, as concerns over AI-led disruptions and waning hopes of a Fed rate cut after firm US economic data weighed on investor sentiment.
Egypt, Pakistan, Saudi Arabia and Turkey met in Islamabad in what analysts say is the formal opening of a new diplomatic formation that could reshape the post-war regional order. Their immediate goal is a ceasefire; their larger ambition is to ensure that neither Iran nor Israel emerges from this war in a dominant position. Pakistan's foreign minister then flew directly to Beijing and mooted a Chinese role as guarantor of any eventual agreement. Prem Panicker continues his must read daily blog on the Gulf War.
More than 1,35,000 job cuts have been announced by just about a dozen multi-national companies in past few months in their efforts to slash costs and those from the financial services space are among the worst hit.
Finance Minister Nirmala Sitharaman's biggest challenge will be to find a new growth driver, particularly against the backdrop of a global economy ravaged by heightened uncertainty and fragmentation, financial markets on a precipice, and global commodity prices on a continued uptrend.
Already out of Super Eights contention, Australia beat Oman by nine wickets in their inconsequential final group clash of the T20 World Cup, in Kandy, on Friday.
Graphic designers, writers, testers, draftsmen and editors are seeing their traditional roles replaced by AI, warns Dr Anshuka Kulkarni, associate professor and head, School of Creative Studies, DYPU.
The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.
Train Dreams refuses to pander to an attention-deficit audience and is not afraid of the silence of emotional depth, observes Deepa Gahlot.
India's campaign in the AFC Women's Asian Cup ended with a 3-1 defeat to Chinese Taipei, highlighting their inability to convert chances despite dominating the game.
In September, the 20-time English champions reported its fifth straight annual loss as it missed out on the lucrative European Champions League competition.
We know in our heart that speaking the truth on this stupid Iran war will anger Trump and so we look the other way because if we look him in the eye the bully will straighten us out, asserts Aakar Patel.
From a modest salary to Rs 1 crore, here's Ramalingam Kalirajan's smart compounding blueprint for young earners
FC Barcelona hammered Newcastle United F.C. 7-2 to reach the Champions League quarter-finals, while Liverpool F.C., Bayern Munich and Atltico Madrid also advanced.
'In India, the impact will be less than 1% of employee headcount.'
India's recent T20 World Cup victory signals a new era of dominance in the format, driven by strategic gameplay, exceptional talent, and the financial power of the BCCI, while other teams struggle to compete.
Clinical Italy trounce Nepal by 10 wickets to record maiden win in T20 World Cup
Sikandar Raza's superb all-round show, a blazing 73 and three key wickets, kept Zimbabwe in the contest before South Africa steadied nerves to seal a five-wicket win and book a T20 World Cup semi-final clash with New Zealand.
It's not the clothes or the rebellion that invites violence, but the mindset that continues to police and condition girls and encourages the perpetrator, instead of punishing the criminals. This lack of empathy is what ultimately brings The Kerala Story 2 down, observes Divya Nair.
Prime Minister Narendra Modi on Thursday said the India-UK free trade pact will boost MSMEs and create jobs, and exuded confidence that the target of doubling bilateral trade will be achieved ahead of the target date of 2030.
Macroeconomic data, global geopolitical developments and rising concerns over AI-related disruptions are likely to dictate sentiment in the stock market next week, even as investors may remain cautious amid ongoing volatility, according to analysts.
Tata Consultancy Services (TCS) on Friday announced the launch of an Artificial Intelligence (AI) Experience Zone and Design Studio in London, and said its continued investments in the UK will create 5,000 new jobs across the country over the next three years. Currently, TCS supports over 42,000 direct and indirect jobs across the United Kingdom. In FY2024, TCS contributed 3.3 billion pounds to the UK economy, according to a regulatory filing by the company.
'Economic activity appears to have peaked in the second quarter of FY26, with industrial output, exports, and business confidence all softening from October 2025.'
If we, as an audience, are mature enough to dissect facts from fiction, and propaganda from creative storytelling, the director and technical team deserve full credit for putting together an entertaining masala film that deserves a sequel, notes Divya Nair.
Beyond the boundaries drawn on maps, beyond the noise of rivalry, beyond wins and losses, friendship has found a way to endure, to grow, and to quietly prove that some connections are stronger than borders.
US and India will promptly implement this framework and work towards finalising the interim agreement with a view to concluding a mutually beneficial bilateral trade agreement.
Abhishek, Hardik help India pulverise Zimbabwe by 72 runs; stay in semis race
The West Indies and Zimbabwe, both undefeated in the first round, will clash in a crucial T20 World Cup Super Eight match. The West Indies' power-hitting prowess will be tested against Zimbabwe's resilience and all-round strength.
Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.
'I know that my name is not (Thomas) Tuchel, it's not (Antonio) Conte, it's not (Jose) Mourinho, but I'm the manager of Manchester United. It's going to be like this for 18 months or when the board decides to change.'
