Tag: Workforce Reduction
Microsoft Issues Emergency Patch for Critical ASP.NET Core Flaw
Microsoft has released an emergency, out‑of‑band security update to fix a critical vulnerability in the widely used web framework ASP.NET Core, urging organisations to patch immediately. The flaw, tracked as CVE‑2026‑40372, affects the ASP.NET Core Data Protection cryptographic component and could allow unauthenticated attackers to forge authentication cookies and escalate privileges to the SYSTEM level. The vulnerability is rated 9.1 on the CVSS scale, reflecting...
Accenture: Indian Enterprises Accelerate AI Adoption to Build Business Resilience
Organizations in India are accelerating artificial intelligence adoption at scale, signalling a clear shift from AI experimentation to enterprise‑level deployment, according to Accenture’s latest research. The findings show that Indian enterprises are increasingly using AI as a lever to build resilience, strengthen governance, and redesign operating models, rather than just as a productivity‑enhancing pilot. Accenture’s Pulse of Change survey indicates that 69 per cent of...
Microsoft Cuts 4% of Workforce Amid AI Spending
Microsoft will lay off nearly 4% of its global workforce as part of cost-cutting efforts tied to massive investments in artificial intelligence. The move...
CrowdStrike Cuts 5% Workforce, Reaffirms 2026 Outlook
Cybersecurity company CrowdStrike will cut about 500 roles, or roughly 5% of its workforce, to streamline operations and optimize costs. The company stated it...
Amazon to Cut 14,000 Managerial Jobs by 2025
Amazon is set to eliminate 14,000 managerial positions by early 2025 as part of an aggressive cost-cutting strategy aimed at saving between $2.1 billion...
