New Delhi, March 5 (IANS) US-based investment banker Morgan Stanley has reportedly laid off about 2,500 employees, or roughly 3 per cent of its global workforce, starting in early March, reports have said.The job cuts are not linked to artificial intelligence-related reforms but stem from shifting business priorities, a revised global location strategy and performance reviews of employees, according to a Wall Street Journal report, citing sources.The reported layoffs span across the bank’s thr…
Latest Block News & Updates
New Delhi, Feb 27 (IANS) Twitter (now called X) co-founder Jack Dorsey has announced that Block, the financial services company he founded, will cut its workforce by 40 per cent due to AI-led changes.Dorsey said on social media platform X that the company will cut its workforce from over 10,000 people to just under 6,000, with more than 4,000 employees being asked to leave or enter into a consultation-based role.Dorsey said that affected employees will receive “20 weeks’ salary plus one week p…
Indore, Jan 13 (IANS) The Madhya Pradesh government will organise a five-day event, Krishi Lokrang, from January 26 to 30 across the state to promote advanced farming practices among young farmers, Chief Minister Mohan Yadav announced on Tuesday. The Chief Minister said the programme will be held in every Gram Panchayat and Block with full dignity and grandeur. He announced after reviewing preparations for the event late Tuesday night.During the review meeting, Yadav directed officials to prepar…