Digital news media publication
IBNS-CMEDIA: In one of its largest workforce reductions in years, Oracle has laid off an estimated 20,000 to 30,000 employees globally, underscoring a deep shift toward an AI-first business model …
Read More
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 …
Read More
Austin/IBNS-CMEDIA: Oracle has reportedly slashed around 30,000 jobs globally, including nearly 12,000 in India, in a sweeping round of layoffs, media reports said. Employees across teams said they received termination emails …
Read More
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 …
Read More
Mumbai/IBNS-CMEDIA: Global media and marketing powerhouse Omnicom is set to lay off 4,000 employees and shut down several long-standing advertising agencies as part of a major restructuring following its acquisition by US-based …
Read More
IBNS-CMEDIA: Amazon is preparing for its largest layoffs, mostly in corporate roles, according to media reports. The layoffs will amount to the largest cuts to Amazon’s corporate workforce in the …
Read More
#Meta# Superintelligence Labs# AI Jobs# Layoffs# AI layoffs IBNS-CMEDIA: Meta Platforms is sharpening its focus on artificial intelligence with plans to lay off around 600 employees across key AI units, as …
Read More
#Lufthansa# Lufthansa Flight# Lufthansa Flight Jobcut# Layoffs IBNS-CMEDIA: German airline group Lufthansa on Monday announced plans to cut about 4,000 jobs, or around 4 percent of its global workforce, by …
Read More
#Layoffs# Google# Google Layoffs# AI# Google AI Layoffs IBNS-CMEDIA: IT major Google has laid off more than 200 contract workers who were working on its Artificial Intelligence projects, including Gemini, …
Read More
#IgniteTech# Eric Vaughan# AI adoption# Layoffs# Chief AI Officer# company restructuring IBNS-CMEDIA: The narrative around AI has largely revolved around machines taking over routine roles at major tech firms. But …
Read More