Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Microsoft nets $500M AI savings amid global job cuts: Report
Microsoft is anticipating "AI cost savings and layoffs" in 2025. This indicates a strategic shift within the tech giant, leveraging artificial intelligence to enhance efficiency. While AI is expected to drive significant cost reductions, it may also lead to workforce optimization, particularly in roles that can be automated or augmented by AI. This trend reflects a broader industry movement where companies are re-evaluating their operational models and workforce structures in response to advancements in AI, aiming for greater productivity and profitability.