CEO Carol Tomé characterised the layoffs and facility closures as a deliberate move to adapt to shifting market conditions, stating that the company’s efforts to restructure its network and cut costs across operations were both timely and necessary.
As generative AI and shifting skill demands reshape the workplace, Jyoti Dadlani, Regional Head – LinkedIn India, unveils a bold new talent strategy built on skills, empathy, and perpetual learning.
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Lightstorm is redefining employee engagement in telecom through AI, inclusive policies, and innovative HR practices. In an exclusive conversation, Deepa Arora, HR Head for India and Indonesia at Lightstorm discusses how the company is addressing gender diversity, regional challenges, and future-proofing talent development.
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David Zinsner, Intel’s Chief Financial Officer, dismissed the claim, stating that the figure was inaccurate and that no final decision had been reached regarding the extent of the layoffs.
The layoffs occur as Meta faces difficulties in recovering from a reported $4.97 billion loss in Q4 2024 within its Reality Labs division, marking a substantial increase in losses compared to the previous quarter.
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