Tag: Amazon corporate reduction

Major technology companies have eliminated over 35,000 jobs worldwide in early 2026 across nearly 50 firms, redirecting resources toward artificial intelligence infrastructure, automation and cost discipline, according to Layoffs.fyi tracking data. Meta Platforms reduced Reality Labs by approximately 1,500 employees—10% of its 15,000-person metaverse division—in January, explicitly pivoting investments from VR/AR hardware toward next-generation AI development. Oracle plans thousands of cuts across divisions to...

A new PwC India report projects artificial intelligence could contribute between $135.6 billion and $149.9 billion to the growth trajectory of manufacturing micro, small, and medium enterprises by 2035, provided these firms increase their share of national manufacturing gross value added from 35.4% in FY24 to 50%. This potential scales to a staggering $3.13-3.21 trillion opportunity by 2047 under Vision 2047 targets that elevate...