This time, not only would the job cuts be higher, but they would be even more broad-based, encompassing various levels of employees.
Aiden Markram hopes South Africa's ICC World Test Championship Final win over Australia has silenced any doubters and consigned their 'chokers' tag to history.
Call centres, once the engine room of India's BPO exports, are evolving too. Depending on the complexity, 30 to 50 per cent of voice and chat volumes are now handled by conversational AI.
Among the plans for headcount reductions in recent times, banking behemoth Citigroup's decision to slash over 52,000 jobs is reportedly one of the largest layoffs in history. The Bank of New York Mellon is the latest to join the league of American companies which have announced massive job cuts in the wake of the ongoing financial turmoil.
Several Indian immigrants, including 30 from Punjab, were deported from the US after being apprehended at the border. They had paid hefty sums to travel agents who promised them a better life in America, only to be met with illegal crossings and harsh detention conditions. Their dreams are now shattered, leaving them with heavy debts and a bleak future.
According to the Financial Times, Credit Suisse will be trimming its workforce by 10 per cent leading to job loss for 650 employees, while HSBC said it was slashing 500 jobs. Credit Suisse has been impacted by the loan writedowns, which has led to two quarters of losses for Switzerland's second-largest bank this year, the report said.
Change will be a key theme for both the West Indies and Australia in their upcoming three-Test series in the Caribbean with the visitors set to field a remodelled batting line-up and the hosts being led out for the first time by Roston Chase.
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
Facebook parent Meta announced on Wednesday to slash around 11,000 jobs as a part of mass layoffs to cut expenses and transform its business model. As the tech industry is slashing jobs, Meta too announced layoffs. "We are also taking a number of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our hiring freeze through Q1," said Meta CEO Mark Zuckerberg in a statement on Wednesday.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
'I wouldn't change a single shot even if I could, the film is just perfect even with a supposedly flawed script!' Celebrating Sholay's 50th anniversary on August 15 with a special series, where contemporary film folk analyse the cult classic.
The eight-month intensive programme is designed to help professionals develop comprehensive expertise across both data science and decision science, said IIT-Delhi.
The move to cut more than a tenth of its workforce is aimed at streamlining its operations in the wake of tough competition in the computer chip market.
Lando Norris won the Austrian Grand Prix and revived his Formula One title bid after fending off championship-leading McLaren team mate Oscar Piastri under race-long pressure on Sunday.
'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'
'There is no immediate threat to the government, and they would prefer the growth agenda.'
'Today, the State looks at everyone with suspicion.'
Networking solutions giant Cisco will lay off up to 6,000 employees globally, including India, after it reported a marginal decline in profits and revenues for the fourth quarter.
'A director's actor, if I had told her to jump from a building, she would probably have.' 'But I only told her to jump off a running train...'
'In Shanaya's first film, she has taken such a big risk...'
Man United boss Amorim says he has no plans to quit
Gram Chikitsalay uses the same template as Panchayat but with a fraction of its humour or charm, observes Deepa Gahlot.
Manchester United's most successful manager Alex Ferguson will step down as a global ambassador after the club's part-owners INEOS ended his multi-million pound contract.
While Vedanta Aluminium, Balco and Cairn India confirmed the job cuts, sources said Sesa Goa too had slashed jobs.
'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'
'I have faced 18 hours of darkness daily all my life.'
Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.
The department of homeland security withdrew Harvard certification under the Student and Exchange Visitor Programme, effectively barring the university from admitting new foreign students and threatened the legal status of current international enrollees.
Napoli celebrated their second Italian title in three years -- and fourth overall -- after a thrilling battle with Inter whose 2-0 win at Como following goals from Stefan de Vrij and Joaquin Correa left them one point adrift of their rivals.
India ended an 11-year-long ICC Trophy drought, beating South Africa by seven runs to claim the ICC T20 World Cup title for the second time on June 29 last year, in Barbados.
Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial.
Prof Anantha Chandrakasan has been named Massachusetts Institute of Technology's new provost, the first Indian-American to serve in this leadership role.
India needs to be technologically and militarily prepared to defend itself from both Pakistan and China, alerts Ramesh Menon.
To support liver health and potentially reverse fatty liver, it's essential to focus on a well-balanced diet, portion control, and active lifestyle habits, says rediffGURU Komal Jethmalani, a nutritionist and dietician.
A fresh political row has erupted in West Bengal after a person allegedly involved in Bangladesh's August 2024 student protests was found listed as a voter in Kakdwip, triggering sharp Bharatiya Janata Party-Trinamool Congress exchanges over alleged illegal infiltration and manipulation of the voter list in the state.
Aamir is also reuniting with PK Director Rajkumar Hirani for a biopic on Dadasaheb Phalke, the Father of Indian Cinema.
Jasmine Paolini's exit means only one of the top five women's seeds -- world number one Aryna Sabalenka -- will be in the third round. It is only the second time that this has happened in the professional era after Wimbledon 2018.
'Pakistan's army has got a streak of democracy. It is more democratic than the country.'
'The LTTE were the pioneers of that.'
rediffGURU Dr Ganesh Natarajan offers advice on how to build and scale your first start-up.
