In a major step toward positioning Tamil Nadu as the world’s most competitive destination for Global Capability Centres (GCCs), the State government on Wednesday inked a strategic Memorandum of Understanding (MoU) with GCC leader ANSR Global.
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 Microsoft has reportedly reduced its workforce further by 1,000 over the past week, mostly in sales and customer services teams. According to a report in Insider, citing sources, the new layoffs are beyond the 10,000 jobs
SAP (SAPG.DE) said on Thursday it planned to cut 3,000 jobs, or 2.5% of its global workforce, and explore the sale of its remaining stake in Qualtrics, as the Germany software company looks to cut costs and focus on its cloud business.
Google is laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the Covid-19 pandemic have worn off.
Defying anxiety about a possible recession and raging inflation, America’s employers added a stunning 528,000 jobs last month, restoring all the jobs lost in the coronavirus recession.