IT Sector Continues retrenchment, Microsoft lays off More than 1,000 Workers

In the last few months, a large number of workers have been laid off in the information technology sector. Microsoft, one of the big IT companies, has laid off more than 1,000 workers from its mixed reality unit. This unit is associated with the HoloLens 2 augmented reality headset. One of The Information Report It … Read more

Tesla Continues laying off of Workers, Plans to Reduce its Workforce by 10 Percent

American electric vehicle maker Tesla has been facing difficulties for the last few months. Despite reducing the prices of electric cars, the company’s sales are not increasing. For this reason, Tesla’s Chief Executive, Elon Musk has decided to make layoffs. Nearly 6,000 workers have been laid off since the beginning of this year. Musk has … Read more