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Apr 23, 2026
AI Layoffs: Perplexity CEO Sparks Backlash with 'Glorious Future' Comments
Perplexity AI CEO Aravind Srinivas triggered outrage by claiming AI layoffs could be a gateway to a brighter future. Critics slammed his comments as out of touch during a period marked by rising unemployment. While some see AI as a chance to innovate, the reality of lost income and stability can't be ignored.
Apr 15, 2026
Snap Inc. Shakes Up with Major Layoffs: Is This the Road to Recovery?
Snap Inc. (SNAP) is making headlines with rumored mass layoffs, stirring up traders and sparking a 2.5% premarket gain. The unconfirmed reports suggest that CEO Evan Spiegel is taking cues from activist strategies to boost stock prices, despite concerns over missed revenue deals. As the tech industry navigates the ongoing trend of AI-driven efficiency cuts, Snap's move raises questions about its strategic future in AR and social media. What does this mean for investors and the broader tech landscape?
Apr 12, 2026
TCS Tightens Freshers Intake: Only 25,000 Offers as IT Hiring Slows
TCS has extended just 25,000 fresher offers for the fiscal year 2027, marking a significant reduction from 44,000 in FY26. The decision reflects a cautious approach in response to uncertain demand and macroeconomic challenges, echoing broader hiring trends across the IT sector in India. This move highlights a shift towards experienced lateral hires as companies like Infosys and Wipro also slow campus hiring. Despite challenges, TCS remains adaptable, aiming for balance between prudent scaling and emerging tech investment.