Tag: Electronics Supply Chain

Tata Electronics has confirmed a cybersecurity incident after researchers said the World Leaks ransomware group posted purported Apple and Tesla component design files on the dark web. According to Reuters, the stolen data set is believed to include more than 200,000 files and over 630 gigabytes of material, raising fresh questions about supply chain security in one of India’s most strategically important manufacturing ecosystems. The...

Oracle has reduced its workforce by about 21,000 employees, or 13%, in fiscal 2026 as the cloud giant continued restructuring its business amid growing AI adoption across operations. According to the company’s annual report, its headcount fell to 141,000 as of May 31, 2026, from 162,000 a year earlier, while severance and exit-related costs surged to $1.84 billion. The reduction underscores how AI is increasingly...