Uber announces a significant cut of 3,300 jobs, impacting 10% of its workforce. CEO Dara Khosrowshahi outlines plans to streamline operations by merging teams and reducing management layers. This restructuring aims to enhance efficiency and support Uber's robotaxi initiative, while also reverting headcount to 2021 levels. Notably, Khosrowshahi clarified that AI was not a factor in these layoffs.
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"Looks like Uber is trimming the fat to make room for the future!"
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EPFO's Amnesty Scheme 2026 encourages eligible PF trusts to regularize their exemption status. This one-time scheme offers compliance relief and is open until December 28, 2026. The initiative aims to streamline processes with the help of ICAI and the Income Tax Department, ensuring trusts can benefit from reduced regulatory burdens.
Learn how to buy RBI Floating Rate Savings Bonds offline with our comprehensive guide. Discover the application process, required documents, and payment rules to ensure a smooth transaction. Understand the branch requirements and tax implications to maximize your investment.
Investors near the 2024 market peak face weak returns. A new study highlights crucial lessons from past market cycles on SIPs, lump sums, and managing volatility. Understanding these insights can help investors navigate challenging market conditions and improve long-term strategies.
Apple's Tim Cook and John Ternus are set to earn βΉ28 crore annually, plus a staggering βΉ519 crore in equity awards. This compensation plan highlights Apple's commitment to rewarding top executives based on performance, reflecting the company's strong financial health. The detailed breakdown of their salaries and equity awards showcases how Apple incentivizes leadership to drive innovation and growth.