Honeywell Announces Plans to Spin Off $10 Billion Advanced Materials Division
Honeywell, the company that seems to do it all, right down to the thermostats, and even ...
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Tag: Automation
8,000 IT Jobs Cut in India Amidst Startup Layoffs
In 2024, the Indian IT industry, which was formerly a ray of growth and employment security, ...
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Study Finds Partial Automated Driving Systems Don’t Enhance Safety
The dream of kicking back on a long highway drive while your car handles the steering ...
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Apple might layoff 59% of its workers and increase automation in its iPhone production process
Apple is planning a major overhaul of its iPhone production process, with robots taking center stage. ...
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Tata Steel’s UK Layoffs: 2,500 Jobs Lost in Operational Overhaul
Significantly, Tata Steel has declared that it will be laying off 2,500 workers from its UK ...
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AI vs. Jobs: Can Universal Basic Income be a Solution?
AI technology is growing fast, and it's changing many things in our lives. One of the ...
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Perfios Rises to Unicorn Status with $80 Million Funding Boost
Leading Indian finance startup Perfios, which specializes in Software-as-a-Service (SaaS) solutions, has raised a substantial sum ...
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Tyler Perry holds $800M Studio Plans, Citing AI Threat to Jobs: “OpenAI’s Sora is Mind-Blowing”
The popular director and businessman Tyler Perry has made a big announcement about his plans to ...
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Robots on the Road: BMW Uses AI Assistants from Figure to Revolutionize Auto Manufacturing
The automotive sector is about to undergo a significant transformation that will be fueled by processing ...
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Infosys Workforce Shrinks by 6,100 in December Quarter: What does it Means for IT Jobs in the Age of Automation
With the largest staff decrease in the company's history—a net loss of nearly 6,100 people in ...
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