New Delhi, May 19 (IANS) US-based tech giant Meta will begin laying off 10 per cent of its global workforce from Wednesday, May 20, and bolster its artificial intelligence initiatives as part of a sweeping reorganisation aimed at streamlining operations, as per multiple reports.According to them, the company seeks to eliminate some managerial roles and reorganise teams to create “AI‑native” structures with smaller teams intended to speed up decision‑making, according to multiple reports….
Latest automation. News & Updates
Gandhinagar, May 17 (IANS) Union Commerce and Industry Minister Piyush Goyal on Sunday said that Prime Minister Narendra Modi and Union Home Minister Amit Shah represented examples of “design thinking” in governance, mentioning that structured planning, innovation and entrepreneurship were central to India’s development model. Speaking during the inauguration of the Innovation and Incubation Centre at the National Institute of Design (NID), Goyal said India’s progress towards “Viksit B…
New Delhi, April 25 (IANS) Axis Bank on Saturday reported a marginal decline in its employee headcount at the end of the financial year 2025–26, attributing the reduction to sustained investments in technology that have begun to yield productivity gains.Speaking during a post-earnings conference call, managing director and chief executive Amitabh Chaudhry said the trend of headcount optimisation is a natural outcome of the bank’s long-term focus on digital transformation.He noted that consis…
New Delhi, April 22 (IANS) A convergence of artificial intelligence and sustainability created urgent demand for digitally skilled workers in green jobs in India, with nearly 70 per cent of new green roles requiring tech skills, a report said on Wednesday.The report from technology and digital talent solutions provider NLB Services said the green sector was already estimated to generate 7.29 million jobs by FY28, with 1.2–1.5 million incremental jobs expected in FY27 alone.The report added tha…
New Delhi, April 20 (IANS) The government’s telecom R&D institution Centre for Development of Telematics (C-DOT) has signed a Memorandum of Understanding with Jumps Automation LLP to develop a gamification platform designed to boost cybersecurity awareness across individuals and enterprises, an official statement said on Monday.The partnership was signed under the C-DOT Collaborative Research Programme (CCRP) to transform the conventional training into an interactive learning experience.Th…
New Delhi, April 18 (IANS) US tech giant Meta (formerly Facebook) is reportedly planning to lay off at least 10 per cent of its global workforce, or nearly 8,000 workers, next month.Further layoffs are planned in the second half of the year, according to a Reuters report. However, the details of those layoffs have not been known yet. The initial round in May is likely to reduce about 10 per cent of its global workforce.According to the report, the layoff plans may depend on the developments in t…
Seoul, April 15 (IANS) South Korea added 206,000 jobs in March, topping the 200,000 mark for the second straight month, though weakness in youth employment and the manufacturing sector persisted, data showed on Wednesday.The number of employed people rose by 0.7 percent from a year earlier to 28.79 million last month, according to the data from the Ministry of Data and Statistics, reports Yonhap news agency.After slowing for two consecutive months, job growth had rebounded to the 200,000 range i…
New Delhi, April 6 (IANS) Salary increments across India Inc are expected to remain largely stable in 2026, with average hikes projected at 9.1 per cent, slightly higher than the 9 per cent increase recorded in 2025, a new report said on Monday.The “Deloitte India Talent Outlook 2026” report by Deloitte, based on a survey conducted earlier this year across multiple sectors, indicated that companies are now settling into a steady pattern of annual pay increases after the sharp fluctuations se…
Thiruvananthapuram, March 7 (IANS) In a rare interaction between political leadership and the state’s technology community, Congress leader Rahul Gandhi on Saturday engaged with IT professionals, startup founders and technocrats at the Technopark campus here, calling for a stronger focus on skills, innovation and manufacturing to secure India’s economic future.The discussion, titled “Technology, Innovation and Opportunity,” drew around 200 invited IT professionals, including software eng…
New Delhi, March 5 (IANS) India is emerging as a key player in the global Artificial Intelligence revolution and is helping to democratise the technology not just for its own citizens but also for developing countries around the world, Kristalina Georgieva, Managing Director of the International Monetary Fund, said on Thursday.Speaking at the Asia in 2050 Conference in Bangkok, Georgieva said the rapid development of AI has the potential to reshape the global economy, with Asia playing a central…