Tata Consultancy Services (TCS) has deferred its annual salary hike decision for FY25, citing global economic uncertainty and stalled deal…
Tag: workforce
Nayax laying off 6% of workforce
Fintech company Nayax (TASE: NYAX; Nasdaq: NYAX) is to lay off about 70 employees, 55 of them in Israel.…
Amazon CEO Jassy says AI will reduce its corporate workforce in the next few years
Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its corporate workforce in the next few years as the…
REE to lay off half of workforce
Due to the financial difficulties in which it is mired, Israeli auto-tech company REE Automotive (Nasdaq: REE) is set…
Atlantic International Corp. (ATLN) Launches AI-Powered Workforce Intelligence Platform via Lyneer
Atlantic International Corp. (NASDAQ:ATLN) has launched a groundbreaking conversational AI platform through its subsidiary Lyneer Staffing Solutions, aiming to transform…
HSBC to cut 10% of its workforce in France
PARIS (Reuters) -HSBC plans to cut 348 jobs in France through a voluntary redundancy scheme, amounting to about 10% of…
Microsoft to axe 3% of workforce in latest round of job cuts
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Intel to cut 20% of workforce – report
Intel’s new CEO Lip-Bu Tan is expected to announce this week that 20% of the chipmaker’s workforce is being…
Cipia Vision lays off 50% of workforce
Yet another company from the disappointing wave of tech IPOs on the Tel Aviv Stock Exchange (TASE) in 2021…
This silent workforce is draining $15 billion a year. India’s biggest crisis hides in plain sight
Each year, 10 million workers leave their homes in Bihar and Uttar Pradesh, heading to industrial hubs in Maharashtra and…