Ola’s ambitious artificial intelligence venture, Krutrim, has reportedly laid off over 100 employees, marking a significant setback in its early growth journey. The layoffs have hit various teams across the organization, with the entire linguistics division of ‘Kruti’—Krutrim’s language AI initiative—being axed. The move reflects growing concerns over the venture’s shifting strategy, unclear product roadmap, […]
Tag: Employees
TCS to Lay Off 12,000 Employees Amid AI-Led Transformation.
Tata Consultancy Services (TCS), India’s largest IT services company, is reportedly planning to lay off 12,000 employees as part of a strategic shift toward AI-driven operations. The decision underscores the rapidly growing influence of artificial intelligence and automation in reshaping traditional roles, particularly within large-scale service organizations. According to internal sources, the layoffs will primarily […]
P&G to Lay Off 7,000 White-Collar Employees Across HR, Legal, and Other Functions.
In a significant move to streamline operations and adapt to evolving business needs, Procter & Gamble (P&G) has announced plans to lay off 7,000 white-collar employees across departments including human resources, legal, and finance. The decision is part of a broader effort by the consumer goods giant to reduce costs, simplify internal structures, and leverage […]