In the last few years, the use of Artificial Intelligence (AI) has increased in many sectors. However, there are also apprehensions about a large number of employment decrease in some industries from AI. Along with this, the number of jobs related to AI and machine learning (ML) is increasing. A media Report A report by…
Microsoft, one of the big technology companies, has stopped its functioning in Pakistan under the strategy to reduce its international workforce. This is a major setback for Pakistan, which has been facing economic difficulties for the past several years. Earlier, some other international companies have also stopped their business in Pakistan. Microsoft’s office was in…
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…
Infosys involved in large software companies have received relief from the pre-show cause notice related to the Rs 32,403 crore Goods and Services Tax (GST). The Director General of GST Intelligence (DGGI) has stopped the proceedings on this notice given to the company from FY 2018-19 to 2021-22. Infosys has told the stock exchange in…
NXTQUANTUM Shift Technologies will soon launch the AI+ brand of smartphones in the country. These smartphones will be manufactured in India. AI+ brand smartphones will be sold through e-commerce site Flipkart. These can be used in the country developed user interfaces, localized software and hardware. The company has a Press release It is said that…
Despite applying 25 percent tariff in the US on manufacturing iPhones in India, Apple’s total cost will be much lower than devices with manufacturing in the US. US President Donald Trump has warned to impose a tariff of 25 percent on iPhones made in India. A report by the Global Trade Research Initiative (GTRI) states…
Infosys, one of the large software companies, recently excluded around 240 trains. These trainees were expelled from the company for not passing the test. Infosys has offered these trainees a month’s salary as well as external training, assomdation and travel allowance. A media Report It has been reported that Infosys has sent an email to…
The US Equal Employment Opportunity Commission (EEOC) has started an investigation of this charge. Most of the former workers accusing discrimination are more than 40 years of age and non -South Asian origin. They say that TCS had trimmed him but took favor to his Indian colleagues. Some of the Indian workers were working on…
Infosys included in large software companies decreased by about 11.75 percent on a year-by-year basis in the fourth quarter of the previous financial year. The company’s growth estimates for the current financial year also indicates increasing competition in this sector. Infosys has estimated up to three percent growth in revenue. However, the company’s margin guidance…
Infosys included in large software companies recently had a dispute over the trimming of more than 300 freshers. After this, the company has postponed the internal assessment for trainees for a week. However, Infosys says that this assessment has been postponed with the aim of giving more time to this trainees for preparation. IT workers’…