Business- Page 5

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

Layoffs Continue Unabated: 422 tech companies laid off 136,782 employees as of August 30

The tech industry’s job market remains turbulent in 2024, with major companies continuing to reduce their workforces. According to Layoffs.fyi, 422 tech companies have laid off 136,782 employees as of August 30,

September 3, 2024

Business·HR in Tech

Romania Adopts National Strategy for Quantum Technologies

The Romanian government has recently adopted a national strategy for quantum technologies, set to guide the country’s efforts in this field over the next five years. This move follows the inclusion of

August 24, 2024

Business

Embrace or Beware? Fortune 500’s now Cite AI as a “risk factor” in Their Annual Reports

According to FT, Artificial Intelligence (AI) has emerged as both a significant risk and potential opportunity for world’s largest corporations. A recent survey by Arize AI, 56% of Fortune 500 companies now

August 20, 2024

Business

GM Cuts 1,000 Jobs to Accelerate Innovation in AI and Driver Assistance Tech

General Motors (GM) is laying off approximately 1,000 software workers worldwide as the company shifts focus to high-priority projects, such as enhancing its Super Cruise driver assistance system, improving its infotainment platform,

August 20, 2024

Business·HR in Tech

Cisco Plans Second Round of Layoffs in 2024

Networking giant Cisco Systems is reportedly preparing for another significant round of job cuts, according to sources familiar with the matter. This move comes as the company aims to realign its focus

August 10, 2024

Business·HR in Tech

Retail Struggles to Rebound Despite Easing Inflation in Europe

Despite a noticeable ease in inflation, the retail sector in the eurozone is still struggling to regain its footing. Recent data reveals that total retail trade in the eurozone fell by 0.3%

August 6, 2024

Business

UK Regulator Scrutinizes Google’s Partnership with AI Startup Anthropic

The UK’s Competition and Markets Authority (CMA) has announced that it is gathering information regarding Google’s partnership with GenAI startup Anthropic to determine if it qualifies as a merger that could negatively

July 30, 2024

Business

Smartphones Roar Back: Global Market Surges, reaching 288 Million Units in Q2 2024

Hold onto your handsets, folks! The smartphone market it’s rocketing skyward. Fresh data from Canalys and Counterpoint paints a picture of a sector that regained its mojo. The global smartphone market is

July 30, 2024

Business

German Auto Supplier Leoni Announces Layoffs in Romania

Leoni, a major German manufacturer of wiring systems and components for the automotive industry, recently acquired by Austrian billionaire Stefan Pierer, is initiating layoffs in Romania. This decision follows the closure of

July 22, 2024

Business

UiPath Announces 10% Global Workforce Reduction to Manage Operational Costs

UiPath, the first Romanian startup to be listed on the New York Stock Exchange, has announced plans to lay off 420 employees, representing 10% of its global workforce. This move aims to

July 9, 2024

Business

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Business- Page 5

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

Layoffs Continue Unabated: 422 tech companies laid off 136,782 employees as of August 30

Romania Adopts National Strategy for Quantum Technologies

Embrace or Beware? Fortune 500’s now Cite AI as a “risk factor” in Their Annual Reports

GM Cuts 1,000 Jobs to Accelerate Innovation in AI and Driver Assistance Tech

Cisco Plans Second Round of Layoffs in 2024

Retail Struggles to Rebound Despite Easing Inflation in Europe

UK Regulator Scrutinizes Google’s Partnership with AI Startup Anthropic

Smartphones Roar Back: Global Market Surges, reaching 288 Million Units in Q2 2024

German Auto Supplier Leoni Announces Layoffs in Romania

UiPath Announces 10% Global Workforce Reduction to Manage Operational Costs

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