Multi-round layoffs come at a high cost. Here's what the survivors have to deal with
It sends a message to all the remaining employees: You could be next.
Source: fortune.com
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India Public Cloud Market Reaches USD 6.2 Billion, SaaS Witnesses Largest Growth in Cloud Services
The public cloud services (PCS) market in India reached $6.2 billion last year, as software-as-a-service (SaaS) continued to be the largest component of the overall public cloud services market, followed by infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS), an IDC report showed on Thursday. �� India Public Cloud Market Reaches USD 6.2 Billion, SaaS Witnesses Largest Growth in Cloud Services.
Source: latestly.com
ChatGPT-Drafted Content Is Not To Be Used in Court, Orders US Federal Judge to Lawyers
A US federal judge has categorically told lawyers that he will not allow any AI-generated content in his court. �� ChatGPT-Drafted Content Is Not To Be Used in Court, Orders US Federal Judge to Lawyers.
Source: latestly.com
Tech industry has already laid off over 2 lakh workers in 2023. However, the worst is yet to come
Tech layoffs started in November 2022. However, in just five months of 2023, the tech sector has laid off nearly 2 lakh full time employees across the world, plus several freelancers and consultants. The worse, however is yet to come.
Source: firstpost.com
Nearly 2,00,000 employees let go worldwide in 2023 as job losses plague tech sector
According to data from layoffs tracking site Layoffs.fyi, approximately 695 tech companies have resorted to laying off around 198,000 employees thus far in the current year
Source: businesstoday.in