As the economy struggles to move from lower-middle to higher-middle income, AI is threatening its biggest advantage: the youth bulge it enjoys against other countries that are rapidly aging.
According to Meta's Head of People Janelle Gale post, notices will go out to employees losing their jobs starting at 5 am local time Monday in most countries, including in the US.
According to an ET report, the cash-strapped airline will lay off around 15% of its workforce. However, SpiceJet is yet to confirm the number of jobs being cut.
In an internal email, the CEO cited a funding winter & pressure to turn profitable as the reason for these layoffs. Other companies to have cut staff include Tiger Global-backed Vedantu & Byju's.
More than half of the layoffs will affect staff at its non-billable corporate functions, the IT company said, sending its shares up more than 4% before the bell.
Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.
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