Business- Page 8

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

Deloitte’s Bold Reorganization to Navigate the Market Slowdown

Deloitte is embarking on its most significant restructuring in ten years, aiming to streamline its operations and cut costs in anticipation of a market slowdown. This reorganization will condense Deloitte’s business units

March 20, 2024

Business

Electric Vehicle Prices Expected to Drop Significantly by 2027

The cost of electric vehicles (EVs) is forecasted to decrease substantially in the coming years, according to a new analysis by Gartner, a leading research and consultancy firm. Gartner estimates that EV

March 9, 2024

Business

BMW Announces Major Investment in Romania with a New IT Development Center in Cluj-Napoca

BMW announced its first major investment in Romania, a collaboration with Japanese company NTT Data to establish an IT development center in Cluj-Napoca. This strategic partnership aims to bolster BMW Group IT

March 5, 2024

Business

Japan and Uk in recession: What to expect from the Global IT Market in 2024?

Japan and the UK, two major IT markets, raise questions about the overall health of the global IT market in 2024. Here are some potential impacts to consider: Negative impacts: Possible counterpoints

February 17, 2024

Business

TSMC to Build Second Chip Factory in Japan: A Boost for Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has announced its ambitious plan to construct a second fabrication plant (fab) in Japan. This move comes as a response to rising customer demand

February 12, 2024

Business

Job Insecurity Shakes the Industry, 31,751 lay-offs in January

The tech industry is facing a harsh reality check. As of January 2024, over 31,751 employees across 122 tech companies have been laid off, according to Layoffs.fyi. This staggering number, likely an underestimate

February 5, 2024

Business·HR in Tech

IBM’s Ultimatum for Managers. Relocate or Leave!

IBM has recently issued a bold directive to its management team across the United States, stirring up the ongoing debate about the future of work in the post-pandemic era. According to an

January 31, 2024

Business·HR in Tech

EU antitrust regulators set to block Amazon’s iRobot acquisition

The European Union’s antitrust regulators are set to block Amazon’s $1.7 billion acquisition of iRobot, the maker of Roomba robot vacuums, according to people familiar with the matter. The decision, which could

January 29, 2024

Business

SAP’s Transformation Program Leads to Growth but also 8,000 Layoffs in 2024

SAP, the renowned German software company, has recently made headlines with its stock prices soaring by 7% to record levels. This surge is attributed to the company’s optimistic forecast for cloud revenue

January 26, 2024

Business·HR in Tech

Uber Partners with Tesla to Incentivize Drivers Towards Electric Vehicles

To encourage its drivers to switch to electric vehicles, Uber has announced exclusive incentives for its drivers for the purchase of Tesla’s Model 3 and Model Y. This initiative, which includes incentives

January 25, 2024

Business

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Business- Page 8

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

Deloitte’s Bold Reorganization to Navigate the Market Slowdown

Electric Vehicle Prices Expected to Drop Significantly by 2027

BMW Announces Major Investment in Romania with a New IT Development Center in Cluj-Napoca

Japan and Uk in recession: What to expect from the Global IT Market in 2024?

TSMC to Build Second Chip Factory in Japan: A Boost for Semiconductor Manufacturing

Job Insecurity Shakes the Industry, 31,751 lay-offs in January

IBM’s Ultimatum for Managers. Relocate or Leave!

EU antitrust regulators set to block Amazon’s iRobot acquisition

SAP’s Transformation Program Leads to Growth but also 8,000 Layoffs in 2024

Uber Partners with Tesla to Incentivize Drivers Towards Electric Vehicles

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