Archives

BP layoffs: British Petroleum plans major cost-cutting measures

BP layoffs: British Petroleum plans major cost-cutting measures

Oil and gas giant British Petroleum (BP) is planning to lay off 7,700 employees as part of a major cost-cutting plan. The company is going to cut 4,700 jobs across its global staff alongside 3,000

Infosys Q3 Net Profit Breaks the Assess and Rises to 11% YoY to Rs.6,806 Crore

Infosys Q3 Net Profit Breaks the Assess and Rises to 11% YoY to Rs.6,806 Crore

The recent reports of Infosys, the second largest IT service company in India has let out the Q3 net profit which has raised 11% YoY to Rs.6,806 crore by breaking all the estimation, meanwhile, the

SAP CEO encounters huge quantum computing impact in the upcoming years

SAP CEO encounters huge quantum computing impact in the upcoming years

The recent statement of SAP CEO Christian Klein regarding the quantum computing which will be dominating the software enterprise in the next three to four years has become a contradictory one with the statement delivered

Haiti humanitarian crisis: Internal displacement triples to surpass 1 million

Haiti humanitarian crisis: Internal displacement triples to surpass 1 million

The number of internally displaced people in Haiti has reached more than 1 million, according to the latest figures released by the International Organisation for Migration (IOM). 1,041,000 people are struggling amidst an intensifying humanitarian

Starbucks open-door policy scrapped: Here are the details

Starbucks open-door policy scrapped: Here are the details

Starbucks is scraping its open-door policy. It does not feel the need to be US's public bathroom anymore. The company is eliminating a policy that had let any person hang out at its cafes or

Meta layoffs: Tech giant layoffs off thousands on performance criterion

Meta layoffs: Tech giant layoffs off thousands on performance criterion

Meta, the parent company of Facebook and Instagram, is planning to lay off approximately 5% of its 72,400-strong staff, according to an internal memo first reported by Bloomberg. This decision is based on the performance

EY Report: Generative AI to Reshape 38 Million Indian Jobs by 2030

EY Report: Generative AI to Reshape 38 Million Indian Jobs by 2030

Through the use of generative AI technology, EY India’s ground-breaking report shows how this technology may redefine 38 million jobs in India by 2030 and contribute a 2.6% boost to the country’s productivity. The explored

India’s Central Bank is Planning to utilise FX Reserves to Manage Market Volatility?

India’s Central Bank is Planning to utilise FX Reserves to Manage Market Volatility?

Sanjay Malhotra the New RBI Governor of India, during the discussions with the officials for his first monetary policy meeting which is going to be held in the month of February, the governor has shown

Is Germany ready to meet Donald Trump’s 5% NATO demand?

Is Germany ready to meet Donald Trump’s 5% NATO demand?

US President-elect Donald Trump is preparing to enter the office on January 20. He has made a demand that NATO allies such as Germany, Poland, Estonia and Lithuania increase defence spending to at least 5%

Spanish PM Pedro Sanchez plans ‘unprecedented’ 100% tax for homes bought by non-EU residents

Spanish PM Pedro Sanchez plans ‘unprecedented’ 100% tax for homes bought by non-EU residents

Spain doesn't seek to become a country of rich landlords and poor tenants. In order to meet this goal, the country is planning to impose a tax of up to 100% on properties bought by