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Tech layoffs: IBM cuts 3,900 jobs after missing annual target

The layoffs - related to the spinoff of its Kyndryl business and a part of AI unit Watson Health - will cause a $300 million charge in the January-March period, IBM said.

Shares of the company fell 2% in extended trading, erasing earlier gains on the largely upbeat results. (File)
Published on Jan 26, 2023 09:02 AM IST
Reuters | | Posted by Ritu Maria Johny

OYO to cut 10% employee base, to let go 600 from tech and hire 250 in sales

OYO said the move is part of implementing wide ranging changes in its organisational structure. It is downsizing its product & engineering, corporate headquarters, and OYO Vacation Homes teams, while it adds people to the partner relationship management and the business development teams.

The logo of OYO, India's largest and fastest-growing hotel chain, installed on a hotel building is pictured in an alley.(REUTERS)
Published on Dec 03, 2022 04:07 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Bihar: Four held for Begusarai mass shooting

Police have recovered four cellphones, two countrymade pistols, five live cartridges and one of the two motorcycles used in the crime, besides used clothes from their possession, Begusarai SP Yogendra Kumar said.

Jan Adhikar Party president Pappu Yadav visits a victim who was shot at in Begurasai at PMCH on Friday. (Santosh Kumar/HT Photo)
Updated on Sep 16, 2022 10:07 PM IST
By, Patna

Begusarai firing: 7 police personnel who were on patrolling duty suspended

Two unidentified bike-borne assailants opened fire at 10 locations in Begusarai on Tuesday evening, resulting in the death of a 25-year-old man and injuring 10 others. Among those injured, as many as four are stated to be critical.

A man injured in a firing by two miscreants on NH 28, receives treatment at a hospital in Begusarai district. (PTI Photo)
Updated on Sep 14, 2022 05:22 PM IST
By | Edited by Aniruddha Dhar, New Delhi

Three children injured in Delhi's Seelampur in celebratory firing

Police reached the spot at J-block, Jhuggie area, Seelampur where it was revealed that a function was being organised by Qutubddin to celebrate the birth of his child, a senior police officer said.

The children were shifted to the hospital and are out of danger. Efforts are on to apprehend the accused person, police added. (Getty Images)
Updated on Aug 06, 2022 11:49 PM IST
PTI | , New Delhi
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