AURORA STAFF
Spate of job cuts continues unabated at Big Tech, media firms
The first month of the new year ends with Big Tech and media companies continuing to announce fresh job cuts, a sign that the spate of layoffs seen in 2023 could persist as firms grapple with economic uncertainty.
Autonomous driving firm Aurora lays off 3% staff
Aurora Innovation, an autonomous vehicle technology company, has announced a workforce reduction of 3% as part of a reorganization exercise. The company, which had 1,700 employees by the end of 2022, conducted a review to ensure maximum efficiency. In a statement attributed to Cristopher Barrett, the senior vice president of people, Aurora confirmed that a limited number of roles were eliminated.
RBI's draft rules on fintech SRO; Pixxel unveils mega facility
The main idea behind the guidelines is to empower the fledgling sector to function and innovate responsibly even in the absence of formal regulations.
Isaiah Bolden injury: New England Patriots' NFL player suffers major injury, practice sessions with Tennessee Titans cancelled
Isaiah Bolden of New England Patriots suffered a injury and the Patriots have cancelled their scheduled joint practice sessions with the Tennessee Titans.
'Shocking & devastating.' 3000 people at Better.com get the sack after Vishal Garg returns as CEO, staff reveal they got no communication
Employees received their severance cheques in the payroll app, which was accidentally rolled out early.
Vishal Garg-led Better.com fires thousands of workers in US, India in mass layoff
The company apparently forgot to change the date on its accompanying Workday app and employees reportedly saw severance cheques appearing in the app at 12 a.m. on March 8 (US time).
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Better CEO Vishal Garg taking 'time off effective immediately' after he 'blundered' Zoom call firing of 900 staff
An independent third party firm will handle the leadership and cultural assessment.
IMF recommends El Salvador not use Bitcoin as legal tender
The IMF statement came only two days after President Nayib Bukele announced El Salvador was planning to build the world's first "bitcoin city", which will be funded initially by bitcoin bonds. Bukele said the city would get its energy supply from a volcano and would not levy any taxes except for value added tax.
US likely to start Covid vaccinations from December 11: Top health official
"Our plan is to be able to ship vaccines to the immunization sites within 24 hours of approval" by the US Food and Drug Administration, Moncef Slaoui told CNN. "So I expect maybe on Day Two of the approval, on the 11th or the 12th of December."
Manmohan Singh blames Narsimha Rao for 1984 massacre
Former prime minister Manmohan Singh had referred to former PM IK Gujral’s meeting with then home minister PV Narasimha Rao, saying that if his advice to press the army into action had been heeded, then “perhaps the massacre that took place in 1984 could have been avoided”.
Apple self-driving car layoffs are a nod to reality
The iPhone-maker has dismissed about 200 people from the project, according to a Thursday report from CNBC.
A startup’s audacious plan: A new luxury hotel in space
“We’re not selling a hey-let’s-go-to-the-beach equivalent in space,” Bunger said. “We’re selling the experience of being an astronaut. You reckon that there are people who are willing to pay to have that experience.”
Despite Uber-tragedy, Google's self-driving cars aren't slowing down
If a Waymo vehicle encountered a similar situation, CEO Krafcik said that the car would have avoided the death without human help.
Swanky jets? Private beaches? Here are the travel habits of highly successful CEOs
In the era of the humble brag, it's harder than ever to know how your boss travels.
Demonetisation: How Modi government's cashless push is creating a whole new range of jobs
From cybersecurity experts to digital CXOs, a gamut of opportunities are set to open up for white-collar professionals over the next one year.
Global chefs cook up a new menu for Bengaluru
Premium eateries of Bengaluru are flying down international chefs to launch food festivals, rain kitchen staff, and serve new gourmet experiences
Railways can't survive on borrowing, fares must rise, says Metro Man E Sreedharan
"There were high hopes from the Modi govt. But Railways does not seem to be taking off. The required steps have not been taken," says the former DMRC chief.
When you see something, say something: US Police to India
Dan Oates, the chief of the Aurora Pol dept who handled the Colorado incident, also addressed the gathering on the largest shooting incident in US.
Luxury travel boom: Ultra HNIs splurging on exotic and exclusive locales
Exotic and exclusive is clearly the mantra for the UHNIs, of which there were some 7,730 last year, according to global wealth intelligence firm Wealth X.
Truth lost? Most military records of Bangladesh war missing
The history of the 1971 India-Pakistan war will never be fully written. Most of the official records of the war that led to the liberation of Bangladesh have been destroyed.
Caterpillar to cut another 2,110 production jobs
Heavy equipment maker Caterpillar Inc announced 2,110 new job cuts as it scales back production amid a world economic slowdown.
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