Corporate
MEIL's products grab attention at IEW 2023
The products of Megha Engineering & Infrastructures Limited (MEIL) across its five energy subsidiaries – Drillmec SpA, Petreven SpA, Megha City Gas...
Formula E race cars land in Hyd: GHIAL
Hyderabad is set to host the FIA Formula E world championship race, E-Prix scheduled to be held on February 11.
Amazon job cuts hit staffers in grocery, robotics, payments, AWS...
Amazon announced job cuts of around 18,000 employees last month, and those who lost their jobs were from various divisions of the company, including...
IT cos feeling heat of pricing pressure
Indian IT firms may not be able to raise contract prices amid tepid demand environment; Overall pricing environment remains stable with less clients...
Why Apple's Tim Cook has not cut workforce amid mass layoffs
As every Big Tech company has announced job cuts running into thousands, Apple is yet to do so and may not plan to terminate employees as it never...
Online marketplace OLX Group to slash over 1,500 jobs globally
Joining the mass layoff season, online marketplace OLX Group is slashing 15 per cent of its workforce, or more than 1,500 employees, globally...
Chip-maker Intel to layoff about 340 employees at California campus
Calling it "difficult decisions,' chip-maker Intel is laying off nearly 340 employees at one of its campuses in the US.
Philips to slash 6,000 jobs by 2025
Tech firm Philips on Monday said that it plans to cut 6,000 jobs by 2025, including around 3,000 this year, to enhance performance and drive value...