India's financial crime compliance workforce to reach 45,000 by 2030, create 19,000 jobs: Report
The report highlighted that financial crime is estimated to cost the global economy more than USD 4.4 trillion annually, with AI-enabled fraud, synthetic identities, mule account networks and sanctions evasion posing growing challenges for financial institutions.
1 day ago
Nevada unions, politicians caught between AI job creation and destruction
On more than 100,000 acres of Nevada desert east of Reno, one of the world's largest concentrations of data centers is taking shape, providing years of work for thousands of electricians, pipefitters and other union tradespeople who are building it.
29 Oct 2026
Layoff tracker: From Amazon to Netflix, these companies are cutting jobs globally
While some companies have explicitly linked their restructuring to AI-led business transformation, others have cited efficiency, performance or changing market conditions. The scale and nature of the cuts vary, with some companies disclosing exact numbers and others leaving the total unspecified.
29 Oct 2026
Dropbox layoffs: Co-CEO Ashraf Alkarmi sends memo to employees announcing 9% job cuts, CTO Ali Dasdan to leave
Dropbox has announced a significant reduction in its workforce, planning to eliminate approximately 9% of its positions as part of a strategic realignment of resources. This move is expected to result in severance expenses ranging from $27 million to $33 million, impacting the company's financials primarily in Q4 of 2026.
29 Oct 2026
BASF CEO says restructuring has to go on, including job cuts
Chemicals maker BASF needs to continue restructuring and positions will have to be reduced, CEO Markus Kamieth said in a press conference on Wednesday. * BASF launched a cost-
29 Oct 2026
Degrees are important, but being job-ready is crucial in AI age
As AI disrupts entry-level jobs and industries struggle to find skilled graduates, corporate leaders have called for greater investment and deeper partnerships between companies and universities to overhaul education, build practical capabilities and prepare India’s work - force for emerging employment opportunities.
29 Oct 2026
No layoffs in 101 years: CEO of a company that has never laid off workers says businesses should cut costs elsewhere instead of firing employees
As Microsoft offers voluntary buyouts to around 60,000 employees amid heavy AI investment, the CEO of a 101-year-old syrup maker says businesses should look for savings beyond job cuts. Torani says it has never laid off workers, including during the pandemic, when revenue fell 20% in a single month.
28 Oct 2026
Nearly 63% Indian workers confident about finances despite limited savings buffer
Nearly 63 per cent of Indian workers consider themselves financially stable and confident, while 83 per cent said their emergency savings would last less than a year if their income stopped, a report said on Tuesday.
28 Oct 2026
Apple job cuts exceed 400 as new CEO John Ternus restructures teams
Apple has reportedly cut more than 400 jobs across AI-related teams, mixed-reality operations, hardware management and sales as new chief executive John Ternus pushes to simplify the company’s structure. The reported reductions come amid changes to its AI strategy, although a previously considered plan to replace 5,000 AppleCare roles with AI has reportedly been shelved.
28 Oct 2026
Microsoft is offering buyouts to 60,000 workers: How US employees can calculate their potential severance pay
Microsoft is offering voluntary buyouts to around 60,000 eligible employees, with severance payments varying by job level and years of service. US workers can use the company's payment formulas to estimate their potential payout, while the offers also include continued stock vesting and health insurance.
28 Oct 2026
Trai proposes draft framework for responsible use of AI in tele networks
10 hours ago
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