Hewlett-Packard (HP) has said that more than 6,000 of its staff members might be laid off by the end of the fiscal year 2025 and cut down on its workforce globally by around 12 per cent.
The mass layoffs that began in Amazon's corporate ranks this week will extend into next year, CEO Andy Jassy said on Thursday.
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Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
Twitter's new owner and Tesla CEO Elon Musk has sold nearly USD 4 billion worth of Tesla shares, according to regulatory filings.
Twitter is planning to defer the rollout of the verification check marks to its subscribers of the new USD 7.99 a month subscription service until after Tuesday's midterm elections in the US, amid concerns over the spread of false information, a media report has said.
Oil giant Saudi Aramco on Tuesday reported a USD 42.4 billion profit in the third quarter of this year, buoyed by higher global energy prices.
New Delhi: Sebi on Monday barred fugitive businessman Mehul Choksi from the securities markets for 10 years and imposed a fine of Rs 5 crore on him for indulging in fraudulent trading in the shares of Gitanjali Gems Ltd.
New Delhi: The rupee fell by 12 paise to close at 82.33 against the US dollar on Wednesday due to sustained foreign fund outflows and a stronger dollar in the overseas markets.
Richest Asian Gautam Adani on Friday announced a Rs 65,000 crore investment in Rajasthan over the next 5 to 7 years in setting up a mega 10,000 MW solar power capacity, expanding cement plant, and upgrading Jaipur airport.
Benchmark indices bounced back in early trade on Tuesday after falling in the previous trade amid positive trends in global equity markets.
