Reliance-Disney merger, job cuts at AMD, Boeing and Siemens, Zomato CEO’s message to Swiggy on IPO and other top news of the week – Times of India

From mega-mergers to mass layoffs, this week in tech brought a whirlwind of major developments. A landmark deal between Reliance, Viacom18, and Disney is now completed, creating a new entertainment behemoth. Meanwhile, the global tech industry continues to grapple with layoffs as Boeing, AMD and Siemens announced significant job cuts. Additionally, Swiggy celebrated a successful…

Read More

AMD to lay off 4% of its global employees; ‘job cuts are part of aligning our resources …,’ says the company – Times of India

AMD has announced that it is laying off approximately 4% of its global workforce. According to the chip giant, the job cuts are a part of a strategic shift to strengthen its position in the growing artificial intelligence (AI) chip market.According to a report by Bloomberg, the US-based chipmaker said that the job cuts are…

Read More