Major Layoffs In 2024: Layoffs have been the talk of the town for the whole of 2024; big firms and small start-ups across the sector and worldwide have announced layoffs this year, leaving employees in a difficult situation. Siemens Layoffs German tech giant Siemens also said that it is considering cutting up to 5,000 jobs globally in its factory automation …
Amid central government's push to make a manufacturing hub for the world, its financial incentive plan to boost local production is receiving good response. Indian Premier Narendra Modi’s $2.1 billion financial incentive plan — a bid to boost local production of technology hardware such as laptops, personal computers, tablets and servers — has received an overwhelming industry response, Tech Minister …
The story so far: On August 3, the government restricted the import of laptops, tablets, all-in-one personal computers, ultra-small form factor computers and servers. Import of all items categorised under the Harmonised System of Nomenclature 8471, that is, automated data processing machines and units, would be restricted from November 1. Responding to a query about the purpose on social platform …
