Technology related news
IT Job Market Trends [ 2025 ] The IT job landscape is evolving rapidly in 2025, shaped by technological advancements, shifting business needs, and global economic conditions. For beginners stepping into the tech world or professionals looking to secure their careers, understanding the current trends and expectations is more crucial than ever. Here’s an overview […]
Microsoft Lays Off 6,000 Employees Amid Shift to AI-Focused Strategy Microsoft, one of the world’s biggest technology companies, is making major changes to its workforce. The company has announced that it is cutting around 6,000 jobs, which is nearly 3% of its total global workforce. This move is part of Microsoft’s broader plan to adjust […]
IBM Replaces HR Roles with AI Agents In a bold move reflecting the rapid advancement of technology, IBM has started replacing several Human Resources (HR) roles with Artificial Intelligence (AI) Agents. This marks a significant shift in how companies manage employee-related tasks, especially in the tech industry. But what does it really mean, and how […]
Skype Shuts Down [ May 2025 ] Skype, the pioneering video calling software that revolutionized online communication, will officially retire on May 5, 2025. This announcement marks the end of a 22-year journey for a platform that once connected millions worldwide through voice and video calls. What Was Skype? Skype is free and simple software […]
PwC Lays Off 1,500 Employees In a surprising turn of events, PricewaterhouseCoopers (PwC), one of the world’s leading auditing and consulting firms, has announced layoffs affecting approximately 1,500 employees in the United States. This move comes as part of a broader trend among major accounting firms responding to changing market conditions and business needs. May […]
Differences Between Layoff and Buyout Layoff A layoff occurs when an employer terminates employees due to business reasons that are unrelated to the employee’s performance. Common reasons include cost-cutting, restructuring, mergers, or downsizing. Usually involuntary – the employee has no choice. Can be temporary or permanent. Often includes severance pay or a notice period. Not […]