San Francisco, March 31 (IANS) Cloud major Oracle on Tuesday began laying off employees worldwide, with several workers receiving an early-morning email announcing their job loss.According to a report in Fast Company, Oracle staff around the world began reporting on social media that they had received an email from the company, “informing them that their employment had been terminated”.The emails apparently began arriving in employees’ inboxes at around 6 am local time in the US.An Oracle …
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New Delhi, Feb 4 (IANS) Concerns over software stocks globally impacted Indian IT stocks on Wednesday as US AI firm Anthropic expanded its enterprise AI assistant with a new automation layer designed to handle complete business workflows.Investor caution of artificial intelligence replacing significant portions of the software business, resulting in a massive sell-off now known as the “SaaSpocalypse.”The new AI assistant could automate legal document reviews, compliance checks, sales planning, m…