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		<title>No TCS or Infosys, now this company fired more than 100 people; CEO also trimmed</title>
		<link>https://fastnewsglobe.com/no-tcs-or-infosys-now-this-company-fired-more-than-100-people-ceo-also-trimmed/</link>
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		<pubDate>Wed, 06 Aug 2025 09:07:33 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[amazon]]></category>
		<category><![CDATA[Amazon Layoff]]></category>
		<category><![CDATA[infosys]]></category>
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					<description><![CDATA[<p>Layoffs: After the news of a large scale trimmed in the country&#8217;s veteran IT service...</p>
<p>The post <a href="https://fastnewsglobe.com/no-tcs-or-infosys-now-this-company-fired-more-than-100-people-ceo-also-trimmed/">No TCS or Infosys, now this company fired more than 100 people; CEO also trimmed</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="article-hstick-inner">
<p style="text-align: justify;"><strong>Layoffs:</strong> After the news of a large scale trimmed in the country&#8217;s veteran IT service company Tata Consultancy Services (TCS), the news of the removal of employees in another is coming out. However, it is not a company associated with the IT sector. Amazon is being talked about here. Amazon has shown more than 100 staff from the Wonder Podcast Division of its audio business. </p>
<h3 style="text-align: justify;">110 people fired from the company </h3>
<p style="text-align: justify;">The company has trimmed 110 people including the CEO of Wonder. In a note written to the employees, Amazon&#8217;s audio, Twitch and Vice President of Games Steve Boom said that a serene and story -based podcast series like Dr. Death, American Scandal and Business Wars will now be managed under Amazon&#8217;s audiobook service audible. The company is now moving towards creator-led, video-based content. </p>
<h3 style="text-align: justify;">The choice is changing about podcast </h3>
<p style="text-align: justify;">Podcasts with creators and celebrities &#8211; New Heights with Jason and Travis Kailse, Mind the Game and Armchair expert will form a new creator services group inside Amazon&#8217;s Talent Services Division. Wonder brand will be responsible for making some podcasts. Amazon says that this change is inspired by podcast congestion. Video style, personality shows are becoming more popular, especially on platforms like YouTube and Spotify, now new strategies are being adopted to make advertisements, profits and worth discovery. </p>
<h3 style="text-align: justify;">Wonder&#8217;s identity will remain </h3>
<p style="text-align: justify;">It is being told by the company, most of the employees who have been extracted from the Wonder Podcast Division have taken over some other work in the company itself. Despite this major change, the identity of the brand will remain as a wonder. Some creator-based shows will continue under its name and its Wonder+ app will also be operational. </p>
</p>
</p>
<p><strong>Also read: </strong></p>
<p class="abp-article-title"><strong>Although the delay is getting but will definitely get a job &#8230; TCS assured the Ministry of Labor regarding job offers</strong></p>
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<p><a href="https://www.abplive.com/business/amazon-has-laid-off-more-than-100-staff-from-the-wondery-podcast-division-of-its-audio-business-2991448" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/no-tcs-or-infosys-now-this-company-fired-more-than-100-people-ceo-also-trimmed/">No TCS or Infosys, now this company fired more than 100 people; CEO also trimmed</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">63742</post-id>	</item>
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		<title>Massive Layoffs in the Tech Industry in 2025 Human Jobs in Danger in the Ai Era</title>
		<link>https://fastnewsglobe.com/massive-layoffs-in-the-tech-industry-in-2025-human-jobs-in-danger-in-the-ai-era/</link>
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		<pubDate>Sun, 22 Jun 2025 11:32:56 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">https://fastnewsglobe.com/massive-layoffs-in-the-tech-industry-in-2025-human-jobs-in-danger-in-the-ai-era/</guid>

					<description><![CDATA[<p>The world of technology is going through a major change in 2025, but this change...</p>
<p>The post <a href="https://fastnewsglobe.com/massive-layoffs-in-the-tech-industry-in-2025-human-jobs-in-danger-in-the-ai-era/">Massive Layoffs in the Tech Industry in 2025 Human Jobs in Danger in the Ai Era</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="article-hstick-inner">
<p style="text-align: justify;">The world of technology is going through a major change in 2025, but this change is not just technical but also human. In the first half of this year, jobs of more than 62,000 people have gone and the process of trimming big companies has not stopped yet.</p>
<p style="text-align: justify;"><strong>Human jobs are left behind in AI race</strong></p>
<p style="text-align: justify;">Between the increasing influence of AI and automation, companies are showing the way out to thousands of employees in the name of reducing their costs and increasing operational efficiency. On the other hand, these companies are also investing billions of dollars in AI. That is, technology is moving forward, but humans are missing behind.</p>
<p style="text-align: justify;"><strong>Intel&#8217;s historical trim</strong></p>
<p style="text-align: justify;">Intel has announced its biggest pruning ever. The company is going to remove more than 21,700 employees, which is about 20 percent of its total workforce. Apart from this, 15–20 percent of the staff will also be removed from the Intel Foundry Division in retrenchment starting from July. This deduction is part of the company&#8217;s reorganization led by a new CEO.</p>
<p style="text-align: justify;"><strong>Panasonic scissors on 10,000 jobs</strong></p>
<p style="text-align: justify;">Japanese electronics giants Panasonic have announced a trimming 10,000 employees, with 5,000 in Japan and 5,000 will be in the rest of the world. The company has decided to focus on new areas like AI, moving from slow moving sectors such as TV and industrial products.</p>
<p style="text-align: justify;"><strong>Microsoft and META targeted priests</strong></p>
<p style="text-align: justify;">Microsoft took out 6,500 employees in May and there is a possibility of further rounds. All levels from software engineers, marketing, legal to mid-management have been affected.</p>
<p style="text-align: justify;">META also evacuated about 3,600 people, especially &#8216;Low Performors&#8217; targeted. It had the most impact on teams like Facebook, Horizon VR and Reality Labs.</p>
<p style="text-align: justify;"><strong>HP, Google and Amazon are also not far behind</strong></p>
<p style="text-align: justify;">HP has cut 2,000 employees. At the same time, Google has excluded hundreds of employees in Android, Chrome, Pixel and Cloud Division. Amazon has removed more than 100 people associated with projects like Alexa, Echo and Zoox.</p>
<p style="text-align: justify;"><strong>Strategic Sprinkle of Blue Origin, Salesforce and Workday</strong></p>
<p style="text-align: justify;">Blue Origin, Space Company of Jeff Bezos, has fired more than 1,000 people, or more than 1,000 people. The salesforce, which is financially strong, also removed more than 1,000 people, but the special thing is that the company is now doing AI-focused hiring. Workday has also removed 1,750 employees in the focus of AI, which is 8.5 percent of its total workforce.</p>
<p style="text-align: justify;"><strong>Auto and retail sector also impact</strong></p>
<p style="text-align: justify;">NISSAN plans to finish 20,000 jobs by 2027. Decreasing sales and American tariffs in China are the main reasons for this. Starbucks have also fired 1,100 people from their corporate staff, so that the company can work more quickly and less.</p>
<p style="text-align: justify;"><strong>Small and mid-size business too</strong></p>
<p style="text-align: justify;">Block (Jack Dorsey&#8217;s company) removed about 1,000 employees. Cruise, the self-driving unit of General Motors, then finished half of its staff and subjected the entire unit to the GM. Match Group (Tinder, Hinge) reduced 13 percent of its staff and Automatic (WordPress, TUMBLR) reduced 16 percent.</p>
<p style="text-align: justify;"><strong>What is the next AI era coming?</strong></p>
<p style="text-align: justify;">This trimming is not just the story of recession or business loss. This is also the knock of the arrival of the AI ​​era. While companies are ending traditional roles on the one hand, on the other hand the demand for people with AI-based skills is increasing rapidly.</p>
<p style="text-align: justify;"><strong>Race of human capital vs machine</strong></p>
<p style="text-align: justify;">The face of the world of technology in 2025 is changing rapidly. While AI is creating new opportunities, it has also become a crisis of livelihood of thousands of people. Now the question is whether this strategy of companies will help them last longer or will they be heavy in human capital?</p>
<p style="text-align: justify;"><strong>Also read: Sambhav Steel Tubes Limited is bringing IPO, know every information related to the company before investment</strong></p>
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<p><a href="https://www.abplive.com/business/massive-layoffs-in-the-tech-industry-in-2025-human-jobs-in-danger-in-the-ai-era-2966770" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/massive-layoffs-in-the-tech-industry-in-2025-human-jobs-in-danger-in-the-ai-era/">Massive Layoffs in the Tech Industry in 2025 Human Jobs in Danger in the Ai Era</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">43578</post-id>	</item>
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		<title>UPS Layoffs 20000 Workers as Company Tries Cuts and Low Shipments Expected from Amazon</title>
		<link>https://fastnewsglobe.com/ups-layoffs-20000-workers-as-company-tries-cuts-and-low-shipments-expected-from-amazon/</link>
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		<pubDate>Sat, 03 May 2025 03:56:22 +0000</pubDate>
				<category><![CDATA[Tech News]]></category>
		<category><![CDATA[Job cuts]]></category>
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					<description><![CDATA[<p>The parcel delivery legendary United Parcel Service (UPS) is going to pruning its 20,000 employees....</p>
<p>The post <a href="https://fastnewsglobe.com/ups-layoffs-20000-workers-as-company-tries-cuts-and-low-shipments-expected-from-amazon/">UPS Layoffs 20000 Workers as Company Tries Cuts and Low Shipments Expected from Amazon</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">The parcel delivery legendary United Parcel Service (UPS) is going to pruning its 20,000 employees. The company says that the economy is uncertain and the company wants to reduce its cost. Along with this, it has been said by the company that its largest customer is expected to have fewer shipments this year from the company Amazon. </p>
<p>A big trimmed has been decided in the parcel delivery service company (UPS). The company is going to remove 20 thousand employees from jobs. This step has been taken due to the possibility of reducing the cost of the company and a decrease in Amazon&#8217;s shipments. Last year, Amazon stakes 11.8 per cent in UPS profits. Of forbes <a class="sp_lnk2" href="https://www.forbes.com/sites/stevebanker/2025/04/30/ups-to-lay-off-20000-workers/" rel="nofollow noopener" target="_blank">Report</a> According to, by June, the company&#8217;s lease and 75 buildings will be closed, which the company expects to save about $ 350 million. </p>
<p>The March quarter recorded a slight decline in the company&#8217;s profits. According to the report, the company&#8217;s profit in the March quarter stood at $ 2150 million. According to Forbes, the Consumer Confidence Index is running at the lowest level since 2011. Conference Board&#8217;s Consumer Confidence Index is currently at the lowest level since 2011, which is believed to be a sign of recession for delivery companies. Logistics industry is considered an industry that can already warns of recession.</p>
<p>Carol Tomé, UPS CEO, has said that global trade policies are also going through a period of uncertainty, which has reduced consumer trust and decreased demand from some big customers, especially small and medium -sized customers. The decline in the forecast he had for the average daily shipping volume occurred in February and March, as the tariff had increased. Carol says that there is so much uncertainty in the economy that it is not possible to give any update for the entire year outlook. </p>
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		<title>Cars24 Lays Off 200 Employees In Restructuring Exercise Know Details</title>
		<link>https://fastnewsglobe.com/cars24-lays-off-200-employees-in-restructuring-exercise-know-details/</link>
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		<pubDate>Sun, 27 Apr 2025 03:45:20 +0000</pubDate>
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					<description><![CDATA[<p>Cars24, a cell-credence company of old cars, is reducing its workforce. Cars24 has shown the...</p>
<p>The post <a href="https://fastnewsglobe.com/cars24-lays-off-200-employees-in-restructuring-exercise-know-details/">Cars24 Lays Off 200 Employees In Restructuring Exercise Know Details</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">Cars24, a cell-credence company of old cars, is reducing its workforce. Cars24 has shown the way out to employees from many of its departments. It is being said that the company has trimmed around 200 employees who were from different departments. The objective behind the trimming is being reported to be restructured practice so that the company&#8217;s operations can run correctly. The Cars24 co-founder has confirmed the trimming. Let&#8217;s know in detail. </p>
<p>The startup Cars24, who is doing the business of used cars, has fired 200 of its employees. Of ET <a class="sp_lnk2" href="https://economictimes.indiatimes.com/tech/startups/cars24-lays-off-200-employees-to-be-rigorous-about-hirings-going-ahead/articleshow/120637913.cms?from=mdr" rel="nofollow noopener" target="_blank">Report </a>According to, Cars24 co-founder Vikram Chopra has confirmed this trimmer. Vikram Chopra informed through a blog post that employees of various tasks have been affected due to restructuring activity. The post reads, &#8220;In the last few weeks, we have had to make a difficult decision to separate from our nearly 200 colleagues in various functions.&#8221; </p>
<p>Vikram Chopra further said that some projects have not given the results as expected in the last few months, resulting in some posts to be recruited very quickly. Chopra said, &#8216;We have always believed in walking fast. We have always been trying to make something big. But the bitter truth is also that the speed without clearness is very expensive. And when the mathematics does not add anything further, it is our job to re-set it. &#8216; </p>
<p>The Softbank-backed startup claims that it is providing outplacement services as well as Severance package to the employees going out. Cars24 installed by Vikram Chopra, Ruchit Aggarwal, Gajendra Jangid and Mehul Aggarwal is an online marketplace to buy and sell old cars in 2015. Earlier this year, the IPO-bound startup also entered the market for &#8216;new cars&#8217;. The news of the retrenchment has come when the company acquired the Domestic Automotive Forum-BHP just a few days ago. However, no information about this deal was excluded by the company. </p>
<p>Such startups continue to have a frequent dismissal. Last year too, about 30 startups showed the way out more than 9000 employees. Of these, 60 percent of these had to cut cost cuttings and profits.  </p>
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		<title>Why are people who have crossed the age of 40? CEO of this company told the reason</title>
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		<pubDate>Tue, 15 Apr 2025 13:35:51 +0000</pubDate>
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					<description><![CDATA[<p>CEO Shantanu Deshpande of Bombay Shaving Company recently paid attention to a serious issue, which...</p>
<p>The post <a href="https://fastnewsglobe.com/why-are-people-who-have-crossed-the-age-of-40-ceo-of-this-company-told-the-reason/">Why are people who have crossed the age of 40? CEO of this company told the reason</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style =&quot;Text-Align: justify;&quot;> CEO Shantanu Deshpande of Bombay Shaving Company recently paid attention to a serious issue, which has become a global trend in today&#8217;s time. We are talking about the large scale of professionals who have crossed the age of 40. He told that people of this age come first in the cost-cutting targets of companies due to their seniority and high salary. </p>
<p style =&quot;Text-Align: justify;&quot;> These are the same people who have their career &#038; ldquo; Golden Phase &#038; RDQUO; They are preparing, but suddenly the job is not just a professional shock for them, but also becomes a tremendous financial and mental crisis. </p>
<p style =&quot;Text-Align: justify;&quot;> <strong> 100 responsibilities Savings 0 </strong> </p>
<p style =&quot;Text-Align: justify;&quot;> Deshpande said that at the age of 40, there are many responsibilities on a professional. Such as college fees, parents&#8217; care, home loan EMI. But when their bank account is seen, saving is also very limited. In such a situation, the job of job is not less than a disaster. </p>
<p style =&quot;Text-Align: justify;&quot;> They a &#038; ldquo; Massive disturbance &#038; rdquo; Said, which not only makes the career plan mess, but also confidence. According to a WHO report, 40 percent of such workers have seen serious tension in workers, especially in countries like India where Middle Age Male takes the main responsibility of male family. </p>
<p style =&quot;Text-Align: justify;&quot;> <strong> How to avoid this </strong> </p>
<p style =&quot;Text-Align: justify;&quot;> In response to a question on Linkedin, Deshpande gave three suggestions to deal with this challenge. These three suggestions are to dismiss yourself in new technology like AI. Emphasis on financial planning and increase savings and adopt entrepreneurship mindset. That is to trust yourself and your abilities. &#038; Nbsp; </p>
<p style =&quot;Text-Align: justify;&quot;> Many users on social media also confirmed that it is not easy to find a new job or change a skill at the age of 40, because by this age people have spent 15-20 years in the same field or skillset. Whereas the time and money you need to learn new skills is not with everyone. </p>
<p style =&quot;Text-Align: justify;&quot;> <strong> This is the necessary warning </strong> </p>
<p style =&quot;Text-Align: justify;&quot;> Overall, this matter of Shantanu Deshpande is an important warning in today&#8217;s era. That is, if you are at the age of 35 or above, then it is important that you mold yourself with time, invest in apusciling and keep the financial backup ready. Because career safety is no longer dependent on jobs, but on the flexibility and preparation that you already do. </p>
<p style =&quot;Text-Align: justify;&quot;> <strong> Read also: <a href =&quot;https://www.abplive.com/business/these-large--stocks-slling-selling- well-sell- ball- ball-se-ball-se-high-high-se-the-to-of-on-list--top-large-colge-stocks-stocks-s-stocks-aphthest&quot;> Top Large Cap Stocks: These 10 large cap stocks have a chance to earn! These shares are being sold in the bull run of the market too </a> </strong> </p>
<p><a href="https://www.abplive.com/business/bombay-shaving-company-ceo-shantanu-deshpande-told-why-people-above-the-age-of-40-are-being-laid-off-2925651" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/why-are-people-who-have-crossed-the-age-of-40-ceo-of-this-company-told-the-reason/">Why are people who have crossed the age of 40? CEO of this company told the reason</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>China exploiting dog s layoffs hiring with the help of intelligence network and collecting sensitive data</title>
		<link>https://fastnewsglobe.com/china-exploiting-dog-s-layoffs-hiring-with-the-help-of-intelligence-network-and-collecting-sensitive-data/</link>
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		<pubDate>Thu, 27 Mar 2025 17:22:50 +0000</pubDate>
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					<description><![CDATA[<p>China exploiting dog layoffs: China is doing big planning inside, yes, China is in the...</p>
<p>The post <a href="https://fastnewsglobe.com/china-exploiting-dog-s-layoffs-hiring-with-the-help-of-intelligence-network-and-collecting-sensitive-data/">China exploiting dog s layoffs hiring with the help of intelligence network and collecting sensitive data</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;"><strong>China exploiting dog layoffs: </strong>China is doing big planning inside, yes, China is in the process of hitting a four on the occasion with the help of intelligence networks. In fact, the Donald Trump administration has a large -scale government retrenchment under the DOGE (Government Efficiency Department) policy, which made thousands of government employees unemployed. China has become active to take advantage of this.</p>
<p style="text-align: justify;">Chinese intelligence agencies are targeting unemployed American federal employees and they are being seduced to leak sensitive information through fake jobs and counseling firms.</p>
<p style="text-align: justify;"><strong>How is this operation being done?</strong><br />According to the Reuters report, the network -linked networks are attracting these former government employees through fake job listings, fake counseling agencies. </p>
<p style="text-align: justify;"><strong>1.</strong> Fake jobs advertisements are posted on sites like LinkedIn, Cracklist and Redit.</p>
<p style="text-align: justify;"><strong>2.</strong> Former government employees are contacted directly and offer high paying salary like &#8216;Senior Consultant&#8217;.</p>
<p style="text-align: justify;"><strong>3.</strong>Sensitive information is sought during the job application process, without telling that it can use Chinese intelligence agencies.</p>
<p style="text-align: justify;"><strong>4.</strong>The new unemployed are deliberately targeted, as they are financially struggling and can come quickly in temptation.</p>
<p style="text-align: justify;"><strong>Dog tritter and China&#8217;s strategy</strong><br />A large number of American intelligence, employees who had worked in defense and cyber security sectors suddenly became unemployed due to Doge&#8217;s trimming. Many of these officers were associated with top-secret government projects. According to experts, China is mainly targeting those who have recently been expelled from the government and unemployed, who have experience of working in national security, defense and intelligence, who need a new job and who are financially weak.</p>
<p style="text-align: justify;"><strong>How does this network of China works?</strong><br />According to the investigation by Reuters&#8217; reports and cyber security researcher Max Laser, several fake counseling firms (Rivarmarg Strategies and Wavex Innovation) are recruiting former US government employees.</p>
<p style="text-align: justify;"><strong>How are they operating?<br /></strong>On analyzing data of these companies, it was revealed that these Smio is digitally connected to a Chinese firm called Intelligence. The job advertisement is specially made by targeting &#8216;recently extracted American federal employees&#8217;. The addresses of the offices of fake companies are often related to empty or shell companies. A former employee said that two unnamed Chinese agents named &#8216;Eric&#8217; and &#8216;Will&#8217; gave him thousands of dollars to post job listing.</p>
<p style="text-align: justify;"><strong>Why is this the biggest danger of cyber espionage?</strong><br />The US Justice Department recently revealed in a report that this spy campaign of China is not limited to hacking. Now it focuses on recruiting human sources. According to FBI, this recruitment effort of China is the largest cyber espionage program on the planet. Some experts say that the most dangerous cyber attack against the US may not be a virus or ransomware, but can recruit real detectives within American agencies.</p>
<p style="text-align: justify;"><strong>Such detective efforts have been made before</strong><br />Let me tell you that this is not the first time a foreign intelligence agency has targeted American officials in this way. CIA adopted a similar strategy in Russia, in which he was trying to recruit Russian officials by posting videos on dark web and telegram. At the same time, in 2020, a person named &#8216;June Wei Yeo&#8217; of Singapore had confessed to gathering information by giving fake consulting jobs to American government officials.</p>
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<p style="text-align: justify;"><strong>Also read: </strong><strong>Donald Trump: America learning from India, Trump mentioned India while signing orders for election reform</strong></p>
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<p><a href="https://www.abplive.com/news/world/china-exploiting-doge-s-layoffs-hiring-with-the-help-of-intelligence-network-and-collecting-sensetive-data-2913534" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/china-exploiting-dog-s-layoffs-hiring-with-the-help-of-intelligence-network-and-collecting-sensitive-data/">China exploiting dog s layoffs hiring with the help of intelligence network and collecting sensitive data</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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