DATA CENTRE WORKFORCE

Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?

Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The offer comes as Microsoft rolls out a similar voluntary exit scheme covering around 60,000 employees. Here's a look at Google's severance package, eligible teams and the number of employees who could opt for the offer.

Congressman Subramanyam vows to end 'forever wars', fight tariffs, hold Trump admin accountable

Indian-American Congressman Suhas Subramanyam recently won re-election in Virginia's 10th Congressional District. He pledged to address concerns about rising costs, healthcare cuts, and federal workforce reductions. Subramanyam committed to ending "forever wars" and fighting unnecessary tariffs to lower costs. His victory reflects significant gains by Democrats in the recent midterm elections. Subramanyam aims to collaborate with the community to drive changes in Washington.

Digital recruitment is creating a new cybersecurity risk for employers

Online hiring has made it easier for companies to reach candidates across locations, but it has also exposed recruitment processes to identity fraud, manipulated assessments and misuse of personal information. HR teams are increasingly responsible for protecting the integrity and security of the hiring process.

Why is Microsoft borrowing $25 billion after offering buyouts to 60,000 employees?

Microsoft 25 billion bond sale: Microsoft is raising $25 billion through a bond sale as AI infrastructure costs rise, days after offering voluntary buyouts to nearly 60,000 employees. The company expects up to 3,000 employees to accept the exit offer as it prepares to spend $175 billion on capital expenditure in 2026.

NTT Data to nearly triple Mangaluru workforce to over 2,500 by 2027

The company entered Mangaluru through its acquisition of local cloud engineering company Niveus Solutions, and is looking to use the city as a base for developing specialised technology capabilities. Its focus areas include healthcare and life sciences, automotive, manufacturing, high technology, AI and data.

AI investment frenzy: What small investors should and should not do

What should the small investor do about this AI revolution in the making? The simple answer is nothing. No one can tell whether AI is a boon, a disaster, or a bubble. It’s probably all of these, but it’s impossible to tell when, or in what order. The temptation to invest on the news is always there, but at this point, our job is to ignore the machine that will keep producing these stories

US Midterm elections, Apple earnings, jobs data to test Wall Street after AI rout

Wall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI-led tech selloffs have heightened concerns over infrastructure spending and returns. Apple, AMD and Palantir results, alongside regulatory uncertainty and economic signals, could determine market direction and volatility.

Govt sets up banking committee under Suresh N Patel to chart reforms for Viksit Bharat

The government on Friday constituted a High Level Committee on Banking for Viksit Bharat, appointing former Central Vigilance Commissioner Suresh N Patel as its chairman. RBI Deputy Governor Shirish Chandra Murmu, former Indian Bank MD and CEO Padmaja Chunduru and former RBI Deputy Governor N S Vishwanathan are among its members.

Honeywell leaning on physical AI to net $1 billion India revenues

The $69 billion building, process, and industrial automation giant, carved out from the Honeywell industrial conglomerate as part of a companywide restructuring, is betting big on physical AI, leveraging its hardware and software experience, Anant Maheshwari, president of strategy and president & CEO of global regions told ET in an interview.

AI could wipe out $200 billion of IT services work by 2030: BCG

BCG’s Sreyssha George says Indian IT firms will have to rethink how they price work, hire freshers and pay AI talent, as clients move from paying for headcount to paying for outcomes.

Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?

Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact 3% to 6% of the workforce in India and similar proportions worldwide, aims to boost performance and tackle unmet expectations. Amid challenges in the consumer electronics sector, the company is shifting focus towards expansion in data centers and AI technologies for stronger business diversification.

Big Tech earnings: Microsoft, Google see cloud revenues surge

Microsoft's total revenues hit $92.3 billion against expectations of $90.6 billion, with profits of more than $36.6 billion versus the $35.1 billion analysts had forecast, according to FactSet.

Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big Tech

Amazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to streamline operations and align staffing with product priorities. The latest layoffs add to more than 31,000 job cuts announced across several rounds since October 2025, including reductions in its retail business. The move comes amid wider workforce changes at tech giants such as Microsoft, Netflix and Oracle, as companies reassess costs and investment priorities.

Amazon announces second round of layoffs this month, cuts 250 jobs in devices unit

Amazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cut around 1,000 positions from its core retail sector. These reductions aim to enhance operational efficiency and align with future product strategies. Meanwhile, both Microsoft and Dropbox have joined the trend, recently announcing their own workforce cuts amidst a tech industry facing widespread layoffs in 2026.

Indian corporates become the second-largest occupiers for flex space

The demand for flexible workspaces in India is witnessing a remarkable transformation, as corporates are expected to represent 23.4% of this market by 2026, making them the second-largest segment. Since 2023, the average need for these spaces has significantly increased, particularly in the BFSI sector. MNCs continue their stable demand, but local corporates are increasingly embracing flexible offices to improve business responsiveness.

Piyush Goyal's weekend remark has a serious point: India's work ethic, scale give it an edge

Regional rural banks to set up cybersecurity centres, develop threat intel

Regional rural banks are set to improve their cyber security through the establishment of cyber security operations centres. They will also develop capabilities for vulnerability assessments and incident response as part of the reform agenda. The Financial Stability and Development Council plans to enhance cyber security measures following previous ransomware attacks. New initiatives will include implementing enterprise data warehouse solutions for better data management and reporting.

Explained: Microsoft's buyout offer to about 60,000 employees

Staff on select teams in the US, Canada, India, and Britain, at the level of vice president and below. Some groups are excluded, including some data centre staff and employees in sales and marketing. Chief people officer Amy Coleman told employees in a memo that the offer is meant to create “greater flexibility” for staff.

As Microsoft offers buyouts to 60,000 employees, a tech leader explains the hidden risks of such a large-scale offer

Microsoft's voluntary buyout offer to around 60,000 employees has led a technology advisor to flag two risks companies may overlook when experienced workers leave. Rob Zelinka warns that businesses could lose critical institutional knowledge and face cybersecurity gaps if employee access to accounts, data and internal systems is not managed properly. He also raises questions about how technology companies are balancing investments in AI with workforce decisions.

Delhi's draft IT policy targets 200 GCCs, tech districts, 100 pc online govt services

The Information Technology (IT) Department of the Union Territory government has prepared a draft IT policy for 2026-2031, which will come into force after necessary approvals.

What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workers

Microsoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Canada and the UK, with reports suggesting around 60,000 workers could qualify. The programme allows employees to leave voluntarily with financial support, unlike layoffs, where the company decides to cut jobs. The move comes as Microsoft ramps up AI investments while managing workforce costs.

Why corporate reskilling needs to move beyond training courses

Companies are spending more on employee training as job requirements change, but course completion alone cannot prepare a workforce for new ways of working. Reskilling is becoming a business priority that affects job design, internal mobility, productivity, and how organisations develop talent.

Power to empower must include the power to stay well

“The true value of power lies in its purpose,” the Prime Minister told the Bloomberg New Economy Forum in October. India’s next lever of power is the health of its people, and the digital infrastructure behind CoWIN can now help keep a billion Indians well.