Business- Page 10

April 1, 2026

Oracle Confirms Massive Layoffs: 30,000 Employees Let Go in AI-Focused Restructuring

To reallocate resources toward artificial intelligence infrastructure, Oracle has begun laying off approximately 30,000 employees globally. The tech giant initiated the job cuts on March 31, 2026, notifying affected staff via early-morning

Business·HR in Tech

March 15, 2026

Meta’s Next “Year of Efficiency”: Another Massive Tech Layoff Wave

In Silicon Valley, layoffs used to signal trouble. Today, they often signal transformation. Reports suggest that Meta could be preparing another major restructuring, potentially affecting more than 20% of its workforce, around

Business

February 9, 2026

Tremend Joins €290M European Commission Framework Powering the Next Wave of EU Digital Transformation

When the European Commission invests in the future of its digital backbone, it does so carefully and at scale. The recent award of the MAIA Lot 6 Framework Contract by the Directorate-General

The EU’s Groundbreaking AI Legislation: A New Era in Digital Regulation

After years of extensive discussions among member states and members of the European Parliament, a landmark agreement has been reached on regulating Artificial Intelligence (AI) within the European Union. This agreement, hailed

December 11, 2023

Business

Bosch to Cut 1500 Jobs in German Plants by 2025, due to Low Demands

Bosch, one of the leading suppliers of automobile components, has announced plans to reduce its workforce by up to 1,500 positions across two of its factories in Germany by the year 2025.

December 11, 2023

Business·HR in Tech

Let’s Grow: IFR Report for Romania 2023.

The report identifies renewable energy, transportation, and finance as key sectors for encouraging private sector-led accelerated growth. Romania can build upon the success of its burgeoning IT sector and further support the

December 10, 2023

Business

Meta and IBM’s Groundbreaking AI Alliance Unveiled.

Meta and IBM have launched an AI alliance of over 50 companies and research institutions to promote open innovation and open science in AI. According to IBM News Room, to do that,

December 6, 2023

Business

European regulators are inquiring into child safety concerns at Meta

Meta has been issued another official request for information from European Union regulators, urging the company to provide additional details regarding its actions in addressing child safety concerns on Instagram. This includes

December 2, 2023

Business

Tik Tok will invest 12 Billion Euro in its European data centers

Tik Tok really wants to play nice with European regulators. Part of this strategy is to invest €12 billion in the construction of its previously announced data center in Norway. In recent

December 1, 2023

Business

UK watchdog puts the brakes on the Adobe – Figma deal

The Competition and Markets Authority (CMA) has preliminarily concluded that Adobe’s proposed $20 billion acquisition of the cloud-based product design platform Figma would have a negative impact on the product design software

December 1, 2023

Business

Advertisers don’t plan to return on X

The New York Times reports that on Thursday, advertisers announced that they had no intentions to return X, the social media company formerly known as Twitter. This decision follows an incident where

December 1, 2023

Business

Sam Altman Returns as CEO at Open AI

OpenAI has reinstated Sam Altman as its Chief Executive Officer. This decision comes just a week after Altman was dismissed by the board of directors. The reinstatement is part of a broader

November 22, 2023

Business

OpenAI in Turmoil: Shareholders Rally to Reinstate Sam Altman Amidst Staff Exodus

Recent developments at OpenAI have taken a dramatic turn as shareholders, including major backers like Microsoft and investment fund Thrive Capital, are making efforts to overturn the dismissal of CEO Sam Altman.

November 19, 2023

Business

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Business- Page 10

Oracle Confirms Massive Layoffs: 30,000 Employees Let Go in AI-Focused Restructuring

Meta’s Next “Year of Efficiency”: Another Massive Tech Layoff Wave

Tremend Joins €290M European Commission Framework Powering the Next Wave of EU Digital Transformation

The EU’s Groundbreaking AI Legislation: A New Era in Digital Regulation

Bosch to Cut 1500 Jobs in German Plants by 2025, due to Low Demands

Let’s Grow: IFR Report for Romania 2023.

Meta and IBM’s Groundbreaking AI Alliance Unveiled.

European regulators are inquiring into child safety concerns at Meta

Tik Tok will invest 12 Billion Euro in its European data centers

UK watchdog puts the brakes on the Adobe – Figma deal

Advertisers don’t plan to return on X

Sam Altman Returns as CEO at Open AI

OpenAI in Turmoil: Shareholders Rally to Reinstate Sam Altman Amidst Staff Exodus

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