TCS Layoffs Spark Fear: Over 12,000 Jobs at Risk Due to New Bench Policy
TCS's new bench policy has employees fearing job losses beyond the announced 12,000, with senior staff particularly at risk due to project allocation challenges.
automation News
Mars Inc. Unveils $2 Billion Investment Plan to Boost US Manufacturing by 2026
Mars Inc. plans to invest an additional $2 billion in US factories by 2026, building on its $6 billion investment over the past five years. This will support growth in snacking, fo...
Elon Musk Unveils Optimus Robot's Future: Delivering Diner Food to Your Car by 2026
Elon Musk announces Tesla's Optimus robot will deliver food to cars at Tesla Diners by 2026, showcasing the future of automation in the service industry and enhancing the charge-an...
The Future of Engineering: How AI is Reshaping Entry-Level Jobs and Redefining Roles
AI is transforming entry-level engineering jobs, with skills in AI becoming highly valuable. Engineering students are adapting by pursuing hybrid roles that combine technical and m...
The End of Salaried Jobs? Marcellus CEO Warns of a Major Shift in White-Collar Employment
Saurabh Mukherjea, CEO of Marcellus Investment, warns of the decline in salaried employment due to automation and AI, advocating for entrepreneurship as the future. Families are ur...
SoftBank's Bold $1 Trillion AI Investment Plan in the US Aims to Revolutionize Manufacturing
SoftBank Group Corp. is considering a $1 trillion investment in the US AI sector to develop AI-driven industrial parks, aiming to address labor shortages and revolutionize manufact...
Siemens Announces Major Workforce Reduction: Over 6,000 Jobs to Be Cut Globally
Siemens AG is set to lay off over 6,000 employees globally, including 5,600 in automation and 450 in electric vehicle charging, aiming to enhance competitiveness. The company plans...
Innovative AI Solutions Reshape Indian SaaS Landscape, Lean Models Essential for Survival
The Indian SaaS sector is adapting to global IT budget tightening and AI disruption by streamlining operations and adopting efficient models. Automation and AI tools are becoming c...
Digital Transformation Leads to Workforce Reductions in Banking Sector
Banks are increasingly adopting automation and AI, leading to workforce reductions. This shift towards digitalization is reshaping the banking sector, with a focus on enhancing eff...
ServiceNow to Revolutionize Enterprise AI with $2.9 Billion Moveworks Acquisition
ServiceNow Inc. has announced the acquisition of AI firm Moveworks for $2.9 billion, aiming to combine their strengths in AI and automation to enhance employee experiences across b...
Honeywell Announces Major Restructuring: Splitting into Three Independent Companies
Honeywell International Inc. plans to split into three independent companies by separating its automation, aerospace, and advanced materials divisions, aiming to unlock significant...
Significant Workforce Reduction: Top 5 IT Giants Slash 2,600 Jobs in Q4 Amid Automation Surge
India's IT sector sees a structural shift with a significant reduction in workforce among top firms due to automation. Infosys and HCLTech buck the trend, adding employees, while o...
Takealot's Bold Strategy: Targeting South Africa's Townships to Compete with Global E-commerce Giants
Takealot, South Africa's top e-commerce retailer, is hiring personal shoppers to penetrate townships and rural areas, aiming to counter global rivals like Amazon and Chinese fast-f...
