Bengaluru has cemented its position as a preferred destination for global companies seeking remote artificial intelligence (AI) talent, emerging as the fourth most hired-from city in the Asia-Pacific region. According to data from global HR solutions provider Deel, reported by The Economic Times, companies from the US, UK, Germany, Singapore, Sweden, and Canada are increasingly turning to Indian talent to fill critical AI roles.
These...
The All India Professionals’ Congress (AIPC), a key department of the Indian National Congress, has raised serious concerns over alleged mass terminations by ICICI Bank. In a formal letter addressed to the bank’s chairman, AIPC president Praveen Chakravarty claimed that 782 employees were dismissed over the past six months without adherence to due process.
The letter follows a complaint received in December 2023, reportedly signed...
IBM is reportedly preparing to layoffs of nearly 9,000 employees across its US offices in what appears to be a major corporate restructuring. While the company has yet to officially confirm the exact figures, reports suggest that the Cloud Classic division—which originated from IBM’s 2013 acquisition of SoftLayer—will be among the hardest hit, with almost a quarter of its workforce facing redundancy.
The layoffs are...
India has become ChatGPT’s fastest-growing market, but despite this remarkable uptake, OpenAI is struggling to turn engagement into revenue. According to a new report from TechCrunch, citing third-party data, ChatGPT has seen massive downloads in India, but user spending remains modest when compared to global figures—especially those from the United States.
Rapid Growth, Limited Conversion
Data from analytics firm SensorTower indicates that Indian users have spent...
