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Zee News - Technology - News Image
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TechnologyJul 12, 2025 11:48 AM

Massive Layoffs Hit THIS Company: 15,000 Jobs Gone, AI Now Must For.... -- Not Amazon, TCS Or Info...

New Delhi: Tech layoffs are picking up pace once again and Microsoft is the latest to make headlines. The company has reportedly cut over 15,000 jobs across various divisions in several rounds of layoffs. At the same time, it is urging its remaining employees to focus on upskilling in artificial intelligence (AI), with internal messages encouraging them to "invest in your own AI skilling," according to The Information. Microsoft has cut over 15,000 jobs in 2025 through at least four major round ...Read More >

LatestLY - Technology - News Image
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TechnologyJul 04, 2025 12:05 PM

Amazon Performance Review Process: Company Adopts New 3-Tier System To Evaluate Employee Performance...

New Delhi, July 4: Amazon is reportedly making changes to how it evaluates its employees, as CEO Andy Jassy said to be focusing more on discipline and performance. The company is now linking its leadership principles with performance reviews. The shift is reportedly part of CEO Jassy's effort to strengthen the company's work culture. It is said to be the first time Amazon has integrated these values into employee evaluations. The updated system will use a three-tiered method to assess how well ...Read More >

LatestLY - Business - News Image
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BusinessJul 03, 2025 01:04 PM

Business News | Bajaj Finserv Small Cap Fund: Using Quality to Mitigate the Impact of Volatility | L...

Pune (Maharashtra) [India], July 3: Small Cap Funds are known for their potential to generate higher returns in the long run, but they are often sensitive to market volatility. These market movements are often a result of different factors like limited liquidity, changes in market sentiment or others. In this scenario, selecting the suitable small cap company becomes essential to help mitigate the market swings. However, even a quality portfolio can not be immune to short-term market movements. ...Read More >

LatestLY - Technology - News Image
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TechnologyJul 03, 2025 12:19 PM

Microsoft Layoffs: Satya Nadella-Run Firm Lays Off Around 9,000 Employees, Hits Xbox Division To Clo...

New Delhi, July 3: Microsoft layoffs have reportedly affected around 9,000 employees across multiple departments, including its gaming division, Xbox Game Studios. Among the impacted teams is The Initiative, a Santa Monica-based game studio backed by Microsoft. It was known for leading the development of Perfect Dark, but it has reportedly stopped working on the project. The Initiative is now said to be shutting down as part of the latest round of Microsoft job cuts. These job cuts is said to ha ...Read More >

Zee News - Technology - News Image
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TechnologyJun 29, 2025 11:46 AM

AI's Power Problem: Satya Nadella Warns Tech World to Use Energy Wisely as Microsoft Plans More Layo...

New Delhi: Microsoft CEO Satya Nadella is urging the tech industry to think hard about how much energy artificial intelligence (AI) uses and whether it truly benefits people. Speaking at Y Combinator's AI Startup School, Nadella said, "If you're going to use a lot of energy, you need to have a good reason. We can't just burn energy unless we are doing something useful with it." He stressed that AI should make real improvements in daily life, like making healthcare, education, or paperwork easier ...Read More >

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