Print is not allowed
logo
subscribe sign in
  • Deepdives
  • Explainer
  • News
  • AI/Emerging Tech
  • Money Trivia
  • Report

Layoff

Microsoft saves $500 million with AI while cutting jobs

Microsoft saves $500 million with AI while cutting jobs

10 Jul 2025, 21:58 PM

This comes a week after Microsoft said it is laying off 9,000, or 4% of its workforce, its biggest since it laid off 10,000 workers in 2023.

What led Google-backed DotPe to shut down its lending unit

What led Google-backed DotPe to shut down its lending unit

23 May 2025, 03:35 AM

DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 15:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

13 Nov 2024, 15:26 PM

A source claims LazyPay recently received a letter from the RBI flagging issues in its customer onboarding process, but the company strongly denies receiving any such communication.

PayU lays off close to 100 employees from credit team: sources

PayU lays off close to 100 employees from credit team: sources

27 Sep 2024, 12:37 PM

Of the total employees asked to leave, 30 were from its Gurugram office and the remaining from its Mumbai and Bengaluru teams.

« Previous page

Fintech Highlights

  1. ICICI hikes minimum balance requirement; Draws flak from Kotak exec

  2. BharatPe reports adjusted profit before tax of Rs 6 crore in FY25

  3. Infibeam transferring e-commerce biz to subsidiary Rediff

  4. Pine Labs appoints Avendus Capital's Sameer Kamath as CFO

  5. AU Small Finance Bank gets RBI's in-principle nod for universal bank licence

  6. Read more news...

AI/Emerging Tech

  1. xAI legal lead Robert Keele steps down

  2. OpenAI launches 'smart', less hallucinating GPT-5

  3. Google launches personal learning companion tool in Gemini

  4. Ex-Tesla executives launch AI startup DensityAI

  5. Amazon hosts OpenAI models on AWS for first time

  6. Read more news...

Editor's Pick

  1. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  2. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained

Sign up for concise summaries of powerful fintech insights delivered straight to your inbox every time we publish.

logo

Building the newsroom of record for Fintech and Emerging tech.

Follow us on

twitter linkden
about us terms and conditions privacy policy refund policy partner insights guidelines subscribe

Copyright 2025 @ Head and Tale Media Pvt Ltd

Design and Developed by Blumox Technologies