AI-Driven Hiring in India Adds 51,000 More Jobs Than It Displaces
Artificial intelligence is currently creating more jobs in India than it is eliminating, according to a new report by Japanese brokerage Nomura. The report estimates that AI-related hiring across India has exceeded job displacement by more than 51,000 roles. Rather than triggering widespread layoffs, AI adoption is reshaping workforce requirements and...
India’s EV sector could create millions of jobs by 2030, according to government and industry estimates
India’s transition to electric mobility could become a major source of employment over the coming years, with government and industry estimates suggesting the sector has the potential to generate millions of jobs by 2030. According to the Ministry of Skill Development and Entrepreneurship, the electric vehicle (EV) industry could create around...
Anthropic plans in-house chip design team to support AI infrastructure
AI startup Anthropic has confirmed plans to establish an in-house chip design team as it seeks to expand the computing infrastructure supporting its Claude family of AI models. The company is recruiting engineers with expertise in hardware and software to help co-design AI chips and models that can improve performance and...
FalconX reportedly reduces workforce as crypto market slowdown continues
Digital asset prime brokerage FalconX has reportedly reduced its global workforce by around 10% as the company adjusts its operations amid continued weakness in cryptocurrency markets. According to a Bloomberg report, FalconX has also revised its strategy in Singapore. The company is expected to focus on cryptocurrency derivatives trading and withdraw...
Apple invites US retail employees to apply for product launch support programme
Apple has opened applications for a programme that will allow selected retail employees in the United States to support the company’s upcoming product launch event. According to information shared internally, the Event Support Experience Programme will use a lottery-based selection process to choose retail staff who will assist with event operations....
SpaceX insider share lockup set to expire, allowing early investors and employees to sell shares
SpaceX is approaching the expiry of its initial insider share lockup period, a milestone that will allow employees and early investors to sell company shares for the first time since its public listing. According to market reports, approximately 912 million insider-held shares are expected to become eligible for trading when the...
Finance Ministry clears proposal to raise EPF wage ceiling to ₹25,000; Cabinet approval pending
The Ministry of Finance has cleared a proposal to increase the wage ceiling for mandatory coverage under the Employees’ Provident Fund (EPF) from ₹15,000 to ₹25,000 per month. The proposal is awaiting Cabinet approval and, if approved, is expected to take effect from 1 April 2027. Under the current rules, employees...
PLI Scheme Creates 36,000 Telecom Jobs as India Launches First Telecom Manufacturing Zone
India has expanded its efforts to strengthen domestic telecom manufacturing with the launch of its first dedicated Telecom Manufacturing Zone, while the government’s Production Linked Incentive (PLI) scheme for telecom and networking products has generated around 36,000 jobs, according to official data. The PLI programme is aimed at encouraging local production...
Visa to Cut Around 2,600 Jobs as Company Streamlines Operations
Visa plans to reduce its global workforce by approximately 7%, affecting around 2,600 employees, as the payments company seeks to improve operational efficiency and focus investments on strategic growth areas. The workforce reduction is expected to primarily impact employees in the company’s technology and product divisions. The move forms part of...
BMW Reportedly Plans to Reduce Global Workforce by Around 8,000 by 2027
German luxury carmaker BMW is set to reduce its global workforce by approximately 8,000 employees by the end of 2027 as part of a restructuring programme aimed at improving efficiency and responding to changing market conditions. According to company sources, the planned reductions will be implemented through a voluntary redundancy programme...
Marvell Technology to Invest $250 Million in India, Plans to Double Workforce Over Three Years
U.S.-based semiconductor company Marvell Technology has announced plans to invest $250 million in India over the next three years to expand its research and development (R&D) capabilities, engineering operations, and workforce. The investment coincides with the company’s 20th year of operations in India and includes plans to double its employee base...
ESIC Special Registration Drive Adds 1.12 Crore Workers and 1.38 Lakh Employers to Social Security Network
A seven-month special registration drive conducted by the Employees’ State Insurance Corporation (ESIC) has expanded social security coverage by bringing more than 1.12 crore workers and 1.38 lakh employers into the scheme, according to data released by the Ministry of Labour & Employment. The initiative focused on voluntary registration, encouraging eligible...
Porsche plans up to 8,900 job cuts in Germany by 2035
Porsche is reportedly preparing to reduce its workforce in Germany by approximately 8,900 positions by the end of 2035 as part of a long-term effort to improve profitability and adapt to changing market conditions. According to Automotive News, the latest restructuring proposal includes an additional 5,000 job reductions on top of...
Wells Fargo Signals Further Workforce Reduction as AI Drives Productivity Gains
Wells Fargo has indicated that its workforce is expected to continue shrinking as the bank expands its investments in artificial intelligence (AI) and technology to improve operational efficiency. While overall headcount is likely to decline, the company said it will continue hiring for strategic roles that support business growth and...
Ghost Jobs: The Hidden Challenge Undermining Recruitment Trust
Ghost jobs are employment opportunities that appear to be genuine but are not actively being recruited for. These vacancies often remain listed on company career pages, LinkedIn, and job portals even after hiring has been paused, the role has already been filled, or no recruitment approval exists. While some organisations...
RSB Group Celebrates 4th Edition of 'Ek Pahal' Annual Day – Championing a Future Beyond Dreams
RSB Group, one of India’s leading automotive and non-automotive component manufacturers, successfully hosted the fourth edition of its flagship initiative, the Ek Pahal Annual Day, under the powerful theme “Ek Pahal Sapno Se Aage” (Beyond Dreams). RSB Group Celebrates 4th Edition of ‘Ek Pahal’ Annual Day The event was graced by the...
Tata Steel to Invest ₹10,000 Crore in Jharkhand, Create 2,000 Jobs by 2028
Tata Steel has announced plans to invest ₹10,000 crore in Jharkhand over the next three years as part of its expansion strategy. The investment is expected to generate around 2,000 direct and indirect employment opportunities by 2028 while supporting the company’s capacity growth and sustainability goals. The investment, announced in Ranchi...
JPMorgan to Hire 1,000 Technology Professionals in India Despite AI-Driven Workforce Changes
JPMorgan Chase is planning to recruit around 1,000 technology professionals across its Global Capability Centres (GCCs) in India, reinforcing its commitment to expanding its digital and technology capabilities despite the growing adoption of artificial intelligence (AI). The hiring drive will primarily target specialists in cloud architecture, cybersecurity, AI data pipelines, and...
IndiGo Defers Salary Hikes for Senior Management After Reporting Q1 FY27 Loss
IndiGo has postponed salary increments for its senior management following a loss in the first quarter of FY27, as the airline continues to face profitability pressures from rising fuel prices and an uncertain business environment. During the airline’s post-earnings conference call, Chief Financial Officer Gaurav Negi announced that the planned salary...
HCLTech to Establish India’s First AI-Optimised Data Centre in Odisha, Creating 6,000 High-Skilled Jobs
HCLTech is set to establish India’s first AI-optimised data centre in Bhubaneswar, Odisha, with an investment of ₹14,257 crore. The project has received approval from the Odisha State Level Single Window Clearance Authority (SLSWCA) and is expected to create around 6,000 high-skilled employment opportunities, while positioning the state as a...
Google Employees Rally for Stronger Job Security and Layoff Protections
More than 100 Google employees gathered outside the company’s headquarters in Mountain View, California, to call for stronger job security measures and enhanced protections against layoffs. During the demonstration, representatives of the employee union submitted a petition signed by approximately 4,500 workers to CEO Sundar Pichai and other senior executives. The...
Fulcrum Digital Plans to Hire 800 Technology Professionals Over the Next Nine Months
Fulcrum Digital has announced plans to expand its global workforce by hiring approximately 800 technology professionals over the next nine months. The company said the recruitment drive follows the award of a major enterprise contract and growing demand for AI-driven digital transformation services. The planned hiring will span India, the European...
HDFC Bank Reports Workforce Changes and Expands AI Training in FY26
HDFC Bank reported a net reduction in its workforce during the financial year ended 31 March 2026, while increasing the number of employees in management roles and expanding investments in artificial intelligence (AI) training, according to its FY26 Integrated Annual Report. The bank’s total employee strength stood at 211,178 as of...
RAG Holdings Earns Great Place to Work Certification, Reinforcing Its Commitment to Building Great Businesses Through People First Approach
RAG Holdings, a leading organization, with premium business centres in Dubai, enabling entrepreneurs to operate and scale in the UAE, has been officially Certified as a Great Place to Work®, one of the world’s most respected recognitions for workplace culture and employee experience. The RAG Holdings Team celebrates its Great Place...
Apple Files Lawsuit Against Former Employee Over Alleged Unauthorised Access to Confidential Data
Apple has filed a lawsuit against a former employee, alleging that he gained unauthorised access to the company’s internal systems after leaving the organisation and downloaded confidential files. According to a complaint filed in the U.S. District Court for the Northern District of California, the former employee, identified as Chang Liu,...
