Business- Page 12

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

Nokia lays off 14,000 employees, and announces major cost-cutting drive

In an unexpected turn of events, Finnish telecom heavyweight, Nokia, revealed its intentions to cut as many as 14,000 jobs as a part of a broad restructuring move. The announcement, made on

October 30, 2023

Business

EU Funds 2023-2024: Application Period Open for SME Grants Ranging from 200,000 to 8 Million EUR in 6 Counties

Small enterprises, including micro-enterprises and small to medium-sized businesses (SMEs), have a golden opportunity to secure grants ranging from 200,000 to 8 million euros per project. This opportunity has been made possible

October 22, 2023

Business

YouTube Launches News Center to Guide Users to Credible Sources

YouTube is launching a new News Center to help users find credible news sources. The center will feature a curated selection of news channels from a variety of organizations, including The New

October 20, 2023

Business

Romania’s New Tax Reforms: Summary and Implications for the IT Sector and Its Workforce

The introduction of the 10% tax on IT incomes over 10,000 lei could have a notable impact on the disposable income of IT professionals in Romania. Particularly for those earning at the

October 19, 2023

Business

Update: Filelist, the largest online piracy site in Romania, will shut down, announces EboLLa.

Updates: Filelist will not close after all, Romania’s largest torrent site is set to be taken over by another team of administrators. The news was announced yesterday evening by “EboLLa.” According to

October 17, 2023

Business

Mihaela Lupu Appointed as New CEO and President of UniCredit Bank Romania

UniCredit Bank Romania has recently announced a significant leadership change that will shape the future of the organization. Mihaela Lupu, currently serving as the Chief Financial Officer for Central and Eastern Europe

October 14, 2023

Business

Poland has initiated a privacy investigation into ChatGPT in response to GDPR-related complaints

A month ago, a complaint was lodged against ChatGPT and OpenAI in Poland, alleging a series of violations of the European Union’s General Data Protection Regulation (GDPR). The Polish authority has now

September 26, 2023

Business

Reliance, a prominent Indian company, has joined forces with Nvidia

Jio Platforms, a subsidiary of Reliance Industries, has forged a partnership with Nvidia, a leader in GPU technology, to develop a large language model. This model will be trained to encompass the

September 15, 2023

Business

Qualcomm and Apple have reached a new agreement on 5G chips

Qualcomm has extended its agreement to provide 5G modems for Apple’s smartphones. Since 2018, Apple has been trying to manufacture its own modems, responsible for managing communication between its iPhones and cellular

September 15, 2023

Breaking News·Business

SAP acquires German startup LeanIX

SAP revealed its acquisition of the German startup LeanIX, a software service designed to assist companies in mapping out their architecture. The acquisition comes to complement the Signavio purchase in 2021, when

September 14, 2023

Business

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Business- Page 12

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

Nokia lays off 14,000 employees, and announces major cost-cutting drive

EU Funds 2023-2024: Application Period Open for SME Grants Ranging from 200,000 to 8 Million EUR in 6 Counties

YouTube Launches News Center to Guide Users to Credible Sources

Romania’s New Tax Reforms: Summary and Implications for the IT Sector and Its Workforce

Update: Filelist, the largest online piracy site in Romania, will shut down, announces EboLLa.

Mihaela Lupu Appointed as New CEO and President of UniCredit Bank Romania

Poland has initiated a privacy investigation into ChatGPT in response to GDPR-related complaints

Reliance, a prominent Indian company, has joined forces with Nvidia

Qualcomm and Apple have reached a new agreement on 5G chips

SAP acquires German startup LeanIX

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TSMC Is Already Planning for 1nm. The Race Just Got Longer.

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