Netflix will lay off approximately 1,000 employees, representing about 6% of its workforce, according to an internal memo obtained by CNBC, as the streaming company seeks to focus its resources on areas
The promise that artificial intelligence will dramatically reshape the global workforce is no longer a distant Silicon Valley prediction. For years, technology executives and investors have argued that AI would unlock historic
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Saudi Arabia has halted the issuance of new contracts for Western consulting firms and delayed certain payments as it moves to tighten control over public spending amid a widening fiscal deficit and
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Even before the United States and Israel launched their war with Iran, life on the industrial outskirts of New Delhi was already a daily struggle for workers such as Kunta Devi and
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In a region long shaped by linguistic diversity and political complexity, a university department in northern Sri Lanka is quietly redefining the future of higher education and employment. Speaking in an interview
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Thousands of former Oracle employees are speaking out after the company reportedly rejected attempts to negotiate improved severance terms following sweeping layoffs that affected an estimated 20,000 to 30,000 workers worldwide on
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Cloudflare has announced the largest layoffs in its 16-year history, cutting approximately 20% of its global workforce — around 1,100 employees — while simultaneously reporting record-breaking quarterly revenue fueled by rapid adoption
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A growing labor dispute at Samsung Electronics has escalated into a high-stakes confrontation over how the spoils of the global AI boom should be distributed, with workers threatening an extended strike if
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For more than a century, the anthem of international workers’ solidarity—first written in French in 1871—has echoed across the world, calling on labourers to unite and fight for their rights. In Sri
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For decades, the Ceylon Electricity Board stood as a central pillar of Sri Lanka’s public sector, powering homes, industries, and livelihoods. Today, it is gone—dissolved and replaced by four newly formed companies
More A group of independent experts affiliated with the United Nations has issued a strong warning to Saudi Arabia, urging the country to fully abolish the Kafala sponsorship system as it accelerates preparations
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A former senior Meta executive has warned that artificial intelligence is fundamentally rewriting the rules of employment, particularly for young people trying to enter the workforce. Clara Shih, who previously led Business
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Jon McNeill faced one of the most intimidating phone calls of his career before he even officially began his new role as Tesla president. He dialed CEO Elon Musk to admit a
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As artificial intelligence transforms workplaces, some older professionals are choosing early retirement rather than adapt to the sweeping changes, according to reporting by the Wall Street Journal. For workers who have navigated
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The technology giant Oracle has begun cutting thousands of jobs as part of a sweeping cost-reduction strategy tied to its massive investments in artificial intelligence and data centre infrastructure. The company, founded
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Japan’s foreign population has reached an unprecedented milestone, surpassing 4 million residents for the first time as migration into the country accelerates. According to the Immigration Services Agency of Japan, the number
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