American financial technology company Block is reducing its workforce by nearly half as artificial intelligence tools increasingly take over core functions within the company, Founder Jack Dorsey said in a social media post on Friday.
Washington Post employees, including Ishaan Tharoor, son of Congress MP Shashi Tharoor, shared heartfelt and sombre messages on social media as one of the world's premier media organisations announced widespread layoffs earlier on Wednesday, affecting its international reportage footprint
Hardening property prices, layoffs in the IT sector, geopolitical tensions and other uncertainties dented India's residential growth momentum in 2025. ANAROCK Research data indicated that housing sales in the top 7 cities witnessed a 14 per cent decline in 2025, with approximately 395,625 un
"Most exporters told us they front-loaded their consignments to manage the impact of tariffs. They can bear this situation only till December. If the dispute isn't resolved by then, layoffs will begin in the textile and apparel sector, gems and jewellery, as well as in shrimp exports," Gulat
Bengaluru (Karnataka) [India], October 4: EarlyJobs, one of India's fastest-growing recruitment startups, has announced its boldest initiative yet -- a plan to onboard more than 10,000 freelance women HR recruiters by 2026. At a time when headlines in the recruitment industry are dominated b
White House Press secretary Karoline Leavitt told reporters outside the White House that administration officials were already preparing for possible layoffs. "It's likely going to be in the thousands," she said, noting that the Office of Management and Budget (OMB) and other officials we
The Warner Bros. Motion Picture Group will be enacting a round of layoffs that will see job cuts across its marketing, production strategy, operational and theatre ventures divisions.
The recent report of layoffs by Tata Consultancy Services' (TCS) decision to lay off 2 per cent of its workforce, around 12,000 employees, as part of cost-cutting measures could negatively impact the company in the long run, according to a report by Jefferies.
Bangalore (Karnataka) [India], July 16: In recent years, India has experienced a whirlwind of unpredictable events. From the eerie stillness of the first COVID-19 lockdown to repeated waves of the virus, and now global turbulence -- AI disruptions, geopolitical tensions, inflation, layoffs -
This decision is linked to proposed budget cuts for NASA, which would trim nearly 25% of its funding and potentially impact critical space exploration missions.