Nike plans to slash 1600 employees
Tag: Business
Cisco to layoff 5 percent of its workforce
Cisco is now the latest technology firm to announce layoffs in recent months.
Elon Musk says he will only use X for audio calls and texts
Elon Musk will discontinue using his phone number
Tech industry witnesses over 32,000 job cuts in 2024
The tech industry continues to witness job cuts and over 32,000 people were laid off.
Company loses USD 25.6 million after employees tricked by deepfake scam
A multinational company lost USD 25.6 million after its employees in the Hong Kong branch were scammed.
Mark Zuckerberg shares rare videos and stills in collage as his Facebook turns 20
Mark Zuckerberg founded Facebook 20 years ago.
IIT Kanpur inks MoU with Samsung to research on health, generative AI, cloud
IIT Kanpur, Samsung partners for research in multiple sectors
Indian-American ex-Pfizer employee convicted of insider trading on COVID-19 medicine trial
Following a two-week trial, Amit Dagar, who is from Hillsborough in New Jersey, was convicted of one count of securities fraud and one count of conspiracy to commit securities fraud.
India Energy Week 2024 coming to Goa in Feb, with an eye on green goalposts
India Energy Week is a major platform for global energy players, because the country’s economy has so much headroom for growth.
US: Department store chain Macy’s to lay-off 2,350 employees, close five stores
US department store chain Macy’s is laying off around 3.5 percent of its workforce and even planning to shut down five of its stores. The 3.5 percent is likely to hit 2,350 jobs. “As we prepare to deploy a new strategy to meet the needs of an ever-changing consumer and marketplace, we made the difficult […]
