October 14, 2026
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IBM CEO Arvind Krishna says the recent wave of tech layoffs is being misunderstood as an impact of artificial intelligence, when in reality, it is mostly a correction after years of over-hiring during the pandemic. In an interview with The Verge, Krishna explained that from 2020 to 2023, technology companies significantly increased their workforce—sometimes by […]Continue Reading
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HP Inc. has announced plans to lay off up to 6,000 employees worldwide by 2028 as part of an aggressive artificial intelligence–driven overhaul. The company aims to automate operations, accelerate product development, and enhance customer support, with CEO Enrique Lores stating the initiative will generate around $1 billion in savings over three years. The job […]Continue Reading
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The social media site ShareChat today became the latest to shrink in anticipation of an imminent recession as investors, concerned of high valuations in a volatile stock market, continue to urge digital businesses to slash costs. The organisation, which has the support of digital behemoths like Google and Temasek, declared it will lay off 20% […]Continue Reading

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