Business
Innodata Lays Off Hundreds of Workers in India and the Philippines
Artificial intelligence and data engineering services provider Innodata cut nearly 550 jobs in India alongside additional reductions in the Philippines.
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Artificial intelligence and data engineering services provider Innodata cut nearly 550 jobs in India alongside additional reductions in the Philippines.
The temporary buyout initiative affects about 27 percent of the tech giant's global workforce as capital expenditures rise.
The technology giant is providing voluntary exit packages to roughly 27% of its global workforce as it works to balance costly artificial intelligence infrastructure spending with capital efficiency.
The video game publisher is cutting roughly 3% of its global workforce as part of a major corporate restructuring.