On a warm night last May, Nikhil Somwanshi sent his roommate a WhatsApp message asking him to tell his family that what was about to happen next was an accident. The message triggered a frantic search for the 24-year-old machine-learning engineer in southeast…
Amid AI job cuts, HSBC's CEO Georges Elhedery encouraged staff to adapt and not resist technological changes. The bank may cut 20,000 roles, focusing on non-client-facing positions, while AI advancements are reshaping the workforce across the banking sector.

Even as Benioff posted a hiring for 1,000 graduates, attempting to counter the narrative that AI was killing entry-level jobs, it comes at a time when the Big Tech in the US have announced sweeping layoffs.