Mark Zuckerberg, CEO, Meta Meta layoffs have started. As announced last month, Meta started sending emails to thousands of employees whose role the company is eliminating. The ‘layoff email’ sent to affected employees across geographies has gone from Meta leadership. “As previously shared, we have decided to reduce headcount as part of our continued effort…

Union commerce and industry minister Piyush Goyal on Thursday addressed concerns around the rupee’s decline, the widening current account deficit (CAD), and shared updates on the progress of the proposed US-India trade deal.Goyal said the Centre was actively considering several measures to contain further pressure on the CAD, while stressing that different arms of the…

HSBC CEO Georges Elhedery has urged employees to adapt to artificial intelligence instead of resisting it, even as the bank reportedly considers major job cuts over the coming years. According to a Bloomberg report, Elhedery said AI will “destroy” some jobs while also creating new ones. The comments come as HSBC is said to be…

Elon Musk’s SpaceX is now actively looking to hire some world-class engineers. SpaceX CEO Elon Musk has now issued a public recruitment appeal, urging “world-class engineers and physicists” to join the company’s newly branded SpaceXAI division. Musk said that he will personally review applications, asking candidates to email three bullet points which demonstrate exceptional ability…