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IBNS-CMEDIA: Microsoft-owned Xbox will lay off 3,200 employees—about 20 per cent of its global workforce—over the next year as the gaming division undergoes a major restructuring driven by artificial intelligence …
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IBNS-CMEDIA: Microsoft is laying off about 4,800 employees, or roughly 2.1 per cent of its global workforce, as the tech giant doubles down on artificial intelligence (AI) investments while looking …
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IBNS-CMEDIA: Employees at Meta Platforms woke up to an unusual message on Wednesday: work from home for the day. There were no large internal meetings, no packed office floors and …
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IBNS-CMEDIA: Coffee giant Starbucks on Friday announced plans to cut 300 jobs in the United States and shut down several regional support offices as part of its ongoing business turnaround …
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IBNS-CMEDIA: The workforce in Meta Platforms is set for a sweeping overhaul with the tech giant aiming for the first wave of layoffs on May 20, Reuters reported. Layoffs plan and scale …
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IBNS-CMEDIA: Epic Games on Tuesday confirmed it will lay off around 1,000 employees, citing a decline in engagement with its flagship online game, Fortnite. In a note to staff, CEO Tim Sweeney apologised …
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Ottawa/CMEDIA: As part of Canada’s plan to cut 28,000 positions by 2029, The Canada Border Services Agency (CBSA) will reportedly cut 348 positions that report to or are in the national …
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IBNS-CMEDIA: Chairman of Infosys, Nandan Nilekani, has warned that artificial intelligence could put more than 90 million jobs at risk globally while simultaneously creating 170 million new opportunities — signalling …
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Toronto/CMEDIA: As part of the federal government’s reported plan to cut the size of the federal public service by 2029, 90 employees and four executives at Library and Archives Canada received …
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Austin/IBNS-CMEDIA: Tech giant Oracle is planning to slash between 20,000 and 30,000 jobs this week as part of a massive cost-cutting exercise, media reports said. The layoffs are aimed at …
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