A Clear Target Emerges in Tech Layoffs: Middle Managers
Tech giants are looking to slim down and reverse their image as profligate spenders.
Source: livemint.com
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I studied ChatGPT, when you were partying: Elon Musk takes a dig at netizens criticising futuristic tech
Elon Musk's tweet sparked conversations around futuristic innovations like ChatGPT and AGI
Source: livemint.com
Philips to cut 13% of jobs in safety and profitability drive
To secure its future and improve course of financial performance, Philips has announced 13% cut in its workforce which will leave its 6,000 employees jobless. Philips will make half of the job cuts this year, and rest of them in 2025
Source: livemint.com
Not tech, but THESE two fields had the highest job posting in Dec 2022: Report
Indeed's data revealed that healthcare allied fields such as dental and nursing had the highest job postings on its platform at 30.8 per cent in December 2022.
Source: livemint.com
Verticals, Sr Executives making up to $1 mn/year laid off at Big Tech firms
At Google, laid-off employees included those who had previously received high performance reviews or held managerial positions "with annual compensation packages of $500,000 to $1 million, reports The Information.
Source: ummid.com