Microsoft to Reduce 4 Percent of Staff Due to Heavy Investment in AI, Google, Facebook

Microsoft to Reduce 4 Percent of Staff Due to Heavy Investment in AI, Google, Facebook

American technology company Microsoft’s workforce will be reduced by about four percent. The company is making heavy investment in Artificial Intelligence (AI). Because of this, the staff is being reduced to reduce the cost. Earlier, Microsoft had trimmed a large number of workers. A one of reates Report According to, the company had about 2,28,000…

Samsung Executives in India Request to Court to Quash Rs 692 Crore Penalty over tax evidence

Samsung Executives in India Request to Court to Quash Rs 692 Crore Penalty over tax evidence

Seven executives of the unit of South Korea’s electronics and devices maker Samsung have approached a court to reject a penalty of about 8.1 million dollars (about Rs 692 crore) from a court. This penalty is involved in a tax demand demand of about 60.1 million dollars (about Rs 5,135 crore) for the wrong classification…

Semiconductor Maker Intel to Reduce Over 20 Percent of Staff, Microsoft, Nvidia, Samsung

Semiconductor Maker Intel to Reduce Over 20 Percent of Staff, Microsoft, Nvidia, Samsung

American technology company Intel plans to reduce its workfoses more than 20 percent. It aims to eliminate bureaucracy and balance the management. This will be the first major restructuring since the new Chief Executive Officer of Intel, Bu Tan last month. Bloomberg news Report In a source who has been aware of the company’s plan,…