Andhra Pradesh has emerged as a hotspot for fresh investments, as evidenced by the announcements made during the 17th State Investment Promotion Board (SIPB) meeting. The state continues to attract national and international investors across various sectors, such as renewable energy, green hydrogen, bio CNG, manufacturing, and data infrastructure, bringing an unprecedented boost to its industrial and employment landscape.

Coinbase Layoffs Signal Major AI Shift Coinbase layoffs will affect about 14% of its workforce, cutting roughly 700 jobs as the crypto exchange moves toward an AI-driven operating model. The decision comes before Coinbase’s earnings update, putting fresh attention on how artificial intelligence and crypto market volatility are reshaping one of the world’s biggest digital asset platforms. Why Coinbase Is Cutting Jobs CEO B

Spirit Airlines shuts down after failed bailout deal as the low-cost U.S. carrier began an immediate wind-down of operations on Saturday, May 2, 2026, after rescue talks failed and rising fuel prices deepened its financial crisis. The airline canceled all flights and warned passengers with existing tickets not to go to the airport, saying refunds would be issued but rebooking support through other carriers would not be provided. Spirit Aviation Holdings, the parent company of Spirit

Maharashtra has approved a ₹10,000 crore AI policy to build advanced infrastructure, boost startups, create jobs, and position the state as a leader in ethical artificial intelligence. The Maharashtra government has approved a comprehensive Artificial Intelligence (AI) policy with a proposed investment of ₹10,000 crore, marking a major push toward building advanced digital infrastructure in the state. The policy, cleared on Wednesday, aims to establish 6 AI Exc

Meta is preparing to reduce its global workforce as part of a broader strategy to increase investment in artificial intelligence. In an internal communication to employees, the company outlined plans to cut approximately 10 percent of its workforce, affecting around 8,000 employees, while also pausing hiring for numerous open positions. The move reflects a shift in priorities as Meta accel

The rise of AI-powered digital twins is no longer just a tech trend—it’s quickly turning into a digital twin job loss crisis that could reshape how millions of people work. Companies are building AI versions of employees that can think, respond, and make decisions like humans. While this promises efficiency, it also raises a serious concern: are workers unknowingly training their own replacements? How Digital Twins Are Replacing Human Roles

Disney is set to lay off approximately 1,000 employees, marking the first major job cuts under new CEO Josh D’Amaro. The layoffs will primarily impact the company’s marketing division, with many of the positions being eliminated as part of Disney's ongoing restructuring process. While the layoffs are significant, they affect less than 1% of Disney’s global workforce, which stood at about 231,000 employees at the end of its 2025 fiscal year. This move comes after Disney made substantial

The U.S. labor market showed signs of recovery on Friday, April 4, 2026, as new data revealed stronger-than-expected job creation in March, even as broader indicators pointed to continued fragility in hiring conditions. According to the Bureau of Labor Statistics, nonfarm payrolls increased by 178,000 in March, surpassing expectations of 59,000 and rebounding from a revised decline of 133,000 in Feb

Major employers across Illinois have announced plans to lay off hundreds of workers in the coming months, according to filings under the state’s Worker Adjustment and Retraining Notification (WARN) Act. The law requires companies with at least 75 employees to provide a minimum of 60 days’ notice before implementing mass layoffs or facility closures, offering advance warning to workers and state officials. Among the most notable developments is the planned layoff of 101 employees a

Oracle India has confirmed that it will cut approximately 12,000 jobs as part of a major restructuring plan aimed at streamlining operations. This massive reduction in its workforce comes amidst growing challenges in the tech sector, including cost-cutting measures, automation, and shifts in business strategy. Oracle’s move is expected to send shockwaves throughout the Indian job market, which has been dealing with an increasing number of job losses in the technology sector. The l

Ahead of the 2026 Assam Assembly elections, the Bharatiya Janata Party (BJP), led by Chief Minister Himanta Biswa Sarma, unveiled its manifesto outlining a series of key promises focused on women’s empowerment and social reforms. The party pledged to implement the Uniform Civil Code (UCC) in the state, with exemptions for areas under the Sixth Schedule of the Constitution and tribal communities. It also announced an increase in financial assistance under the Orunodoi scheme, raising the mon

In a groundbreaking move, US-based SaaS company RevenueCat has announced that it is hiring an AI agent directly, offering a salary of up to Rs 55 lakh. This new "Agentic AI Developer Advocate" role aims to leverage AI to perform tasks traditionally handled by humans, such as creating content, running growth experiments, and providing actionable product feedback. RevenueCat, which recently raised $50 million in Series-C funding, has made it clear that this position is not a replaceme

Amazon has initiated another round of layoffs, this time impacting its robotics division. At least 100 white-collar jobs have been affected, focusing on the team responsible for designing and managing the company's warehouse robots and automation systems. These layoffs come just two months after Amazon’s massive job cuts in January, which saw around 16,000 global positions eliminated. The layoffs are part of Amazon's broader restructuring efforts aimed at improving efficiency and

Karnataka BJP Chief BY Vijayendra launched a scathing attack on Chief Minister Siddaramaiah and his government, accusing them of "lying and cheating" instead of addressing the state's critical issues. Speaking at a press conference, Vijayendra questioned the long-standing leadership of Siddaramaiah, who has presented the state budget a record-breaking 16 times, and demanded that the CM provide solutions to the burning problems facing Karnataka, rather than continuing to offer excuses.

Microsoft’s head of artificial intelligence, Mustafa Suleyman, has triggered intense debate after warning that artificial intelligence could replace most white-collar jobs in the near future. Speaking about the accelerating pace of technological change, Suleyman said automation will not be limited to coders or IT professionals, but could extend to lawyers, accountants, project managers, marketers and other knowledge workers who spend most of their time working on computers. According to him, t

United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of

Amazon is poised for a new round of layoffs, expected to affect as many as 16,000 employees, adding to the 14,000 roles eliminated in the previous round. These job cuts come as part of Amazon's broader restructuring plan, aimed at streamlining its operations and becoming more efficient, particularly in light of shifting demands in the tech industry and the growing influence of artificial intelligence. The latest wave of layoffs is set to target several core teams, including those at Amazon We

In India’s corporate imagination, the age of 40 was once seen as the peak of professional maturity. It symbolised authority, stability, and leadership readiness. Today, however, that same milestone is quietly turning into a career fault line. Across industries, professionals report fewer interview calls, slower promotions, and an increasing sense of invisibility. Experience, once celebrated, is now being reframed as expensive, rigid, or culturally misaligned. The shift is subtle, rarely spo

Speculation about fresh job cuts at Microsoft sparked widespread debate online after reports claimed the technology giant was preparing for another major round of layoffs in January 2026. According to the report, as many as 22,000 roles could be at risk, triggering concern across social media platforms and technology forums. The rumours gained momentum quickly, particularly because Microsoft has carried out significant restructuring in the recent past. However, the company has now firmly deni