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Google Announces Second Wave of Job Reductions in 2024

Google Announces Second Wave of Job Reductions in 2024

Tech giant Google has revealed plans for a significant restructuring, possibly resulting in employee layoffs. Chief Financial Officer Ruth Porat conveyed this message to employees through a memo, citing the platform shift towards Artificial Intelligence (AI) as a key factor driving the decision.

Bengaluru: Byju’s vacates office spaces, asks all employees to work from home

Bengaluru: Byju’s vacates office spaces, asks all employees to work from home

Bengaluru: Byju's has asked all its employees to start working from home immediately and has vacated all its office spaces except its headquarters at IBC, Knowledge Park, Bengaluru. This move is strategic and prompted by the edtech unicorn's ongoing liquidity concerns, arising from a dispute with investors regarding funds raised in a recently concluded rights issue offering, it added.