The tech industry faces continued workforce reductions in 2025, with over 62,000 jobs lost in the first half of the year. Giants like Intel, Panasonic, Microsoft, and Amazon are restructuring due to economic uncertainty and shifting priorities. These layoffs span various sectors, impacting hardware, fintech, streaming, and even space companies, as businesses prioritize AI and operational efficiency.
Related news
Across the United States, widespread anti-Trump protests unfolded coinciding with President Trump's military parade in Washington, D.C., marking the Army's 250th anniversary. Demonstrations, organized under the banner "No Kings," criticized the administration's policies. Tensions flared in cities like Los Angeles and Phoenix, leading to clashes and arrests.
Only Rishabh Pant can clear the ropes comfortably with the one hand coming off, only he can deflate the opposition in a single session of audacious stroke play. He brought up his Test century No 7 with a one-handed six over mid-on. He celebrated with a somersault, entertained the crowd further as the showstopper put on an another box-office performance on the England soil.
Iran claims to possess evidence implicating US forces in supporting recent Israeli airstrikes, particularly targeting the Natanz nuclear site. US President Trump denied any American involvement, warning Iran against retaliation while suggesting a potential deal between Iran and Israel. The US Secretary of State also stated that US has no role to play in Israeli attacks on Iran.
Following her divorce from Tom Brady, Gisele Bündchen has not only reclaimed her modeling career but has also significantly expanded her business empire. Her net worth now surpasses Brady's, driven by lucrative endorsements, successful ventures like Sejaa and Ipanema, and strategic real estate investments. Bündchen's post-divorce success showcases her financial acumen and ability to reinvent herself.
Prime Minister Narendra Modi was honoured with Cyprus' highest civilian award, the Grand Cross of the Order of Makarios III, which he dedicated to the 1.4 billion people of India. This visit marks the first by an Indian PM since 2002 and gains importance due to Cyprus' ongoing conflict with Turkey.
From July 1, obtaining a new PAN card will require mandatory Aadhaar authentication, according to the Central Board of Direct Taxes. This initiative aims to enhance accountability and compliance in tax filing through digitalization. While existing PAN holders have until December 31, 2025, to link their Aadhaar without penalty, failure to do so will render their PAN inoperative next year.
PM Modi's visit to Zagreb marked the first by an Indian PM, leading to discussions with Croatian counterpart Andrej Plenkovic. Both leaders emphasized dialogue and diplomacy over conflict, particularly amid escalating global tensions.
Amidst swirling rumours of a wedding with Sunrisers Hyderabad co-owner Kavya Maran, music composer Anirudh Ravichander has firmly denied the claims. Anirudh took to social media to dismiss the speculation, clarifying that the marriage reports are unfounded. While addressing the marriage rumours, he remained silent on the dating speculations that arose from alleged sightings with Kavya Maran.
Jos Buttler revealed how a candid chat with Virat Kohli during IPL 2023 helped him cope with pressure. Kohli's honest admission of self-doubt and advice on expectations gave Buttler new perspective on performance and mental resilience in elite cricket.
Indian industrialist Sunjay Kapur, ex-husband of Karisma Kapoor, tragically died at 53 in the UK from a heart attack while playing polo. A bee entering his mouth reportedly triggered the event. Hours before, he tweeted condolences for the Air India crash. Kareena Kapoor, Saif Ali Khan, and Malaika Arora were seen visiting Karisma to offer support.