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Tech layoffs reach 50,000 in 2024; Many tech giants will soon cut more, see the list here
Tech layoffs reach 50,000 in 2024; Many tech giants will soon cut more, see the list here

Tech layoffs conducted in 2023 were 59% higher than 2022’s total, according to the data in the tracker. And 2024 is off to a rough start too.

Layoffs in tech space in 2024: over 34,000 employees lose their jobs
Layoffs in tech space in 2024: over 34,000 employees lose their jobs

Over 34,000 tech employees have been laid off in 2024 as the industry faces a storm of factors, like increased automation, AI adoption, and financial constraint

US Announces Over $5 Billion Investment in Semiconductor R&D
US Announces Over $5 Billion Investment in Semiconductor R&D

The Joe Biden-Kamala Harris administration has announced to invest over $5 billion in semiconductor-related research, development and workforce needs.

Tech giant Wipro layoff 100 of employees to maintain its profit
Tech giant Wipro layoff 100 of employees to maintain its profit

Wipro is cutting mid-level roles to improve margins. It bought Capco for $1.45 billion, Delaporte's biggest bet. Job cuts are part of the 'Left-Shift' strategy.

Asus invests more in AI PCs to fetch high-tech growth in India
Asus invests more in AI PCs to fetch high-tech growth in India

With the world rapidly evolving with new technologies, Taiwanese firm Asus plans to launch an AI-powered consumer notebook in India.

Latest shared video by Elon Musk shows Tesla Robot folding shirts
Latest shared video by Elon Musk shows Tesla Robot folding shirts

Tesla's Optimus Gen 2 robot's new skill of folding shirts, is shared by Elon Musk. A step closer to a robot-assisted future in domestic tasks.