As companies use terms like reorganization, restructuring, and optimization in job cuts, AI may be at work more than they ...

Labor market intelligence firm Lightcast also found that so-called "human" skills such as communication and complex ...

A new report by labour market firm Lightcast reveals that while AI is causing mass layoffs in the US tech industry—affecting ...

Gurnani said that the move reflects the humanization of AI, which means that while some routine jobs may be cut, new jobs may ...

Nasscom warns of more layoffs as IT firms transition to AI-driven, product-centric models, following TCS’s job cuts. While ...

Microsoft is set to report Q4 FY25 earnings, with Wall Street expecting strong results driven by AI demand and cloud growth — ...

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Microsoft has eliminated approximately 15,000 roles since May. The company’s CEO said layoffs are the “enigma of success.” ...

AI plays role as tech layoffs surpass 100,000 in 2024 Jul. 14, 2024 8:00 AM ET Intuit Inc. (INTU) Stock, OTEX Stock, PATH Stock, OTEX:CA Stock AAPL, MSFT, META BDNCE By: Brandon Evans, SA News ...

AI and automation are reshaping India’s IT industry, triggering over 1.25 lakh job losses and pushing demand for advanced AI ...

Some attribute these layoffs to efficiencies built during the pandemic or leveling off from strong growth in 2021. Others, like Google, claim it’s due to the adoption of AI and large language ...