Automation News

Amazon Layoffs: This will mark one of the largest workforce reductions in Amazon’s history, impacting divisions such as Amazon Web Services (AWS), retail operations, and human resources. 

The report stated that at an industry level, the largest productivity gains are expected in the services sector due to its higher labour share to gross output while manufacturing and construction will see smaller impact. 

The Great Republic Day Sale offers exclusive deals on robotic hoovers, perfect for saving time and maintaining spotless floors. Models like the ILIFE V3x, ECOVACS Deebot X5 Pro, Dreame L10s Ultra, and ECOVACS Deebot Y1 Pro cater to various needs, combining advanced technology with convenience for effortless cleaning.

GenAI for test automation involves using AI algorithms to generate and manage test scripts, allowing for more efficient and adaptable testing procedures.

The new jobs could be “genetic diversity officer,” “virtual store sherpa” and “personal memory curator”.

Though the overall Indian IT employment outlook is fairly positive, the focus is shifting from scale to skill and upskilling employees is the new plan of action for employers.

Due to a rise in adoption of automation and artificial intelligence, the number of low skilled workers in India's IT and BPO service sectors could fall from 2.4 million in 2016 to 1.7 million in 2022.

Amid concerns over job losses in USD 155 billion IT sector, industry lobby Assocham on Wednesday said this is the time for outsourcing companies "to look inward" and focus on the domestic opportunity to curtail layoffs.

Automation threatens 69 percent of the jobs in India and 77 percent in China, according to a World Bank research which says technology could "fundamentally disrupt" the pattern of traditional economic path in developing countries.

Increasing automation would shave off 10 percent of incremental jobs in India's IT sector each year even as half of middle-level managers would also bear the brunt in the era of artificial intelligence, says industry veteran T V Mohandas Pai.

India's third-largest IT services firm Wipro expects its headcount to come down by about 47,000 in the next three years as it stresses on automation, artificial intelligence and digital services.

As companies are moving towards automation, Infosys CEO Vishal Sikka Wednesday said there would be temporary replacement of jobs and lower IT costs.

An Acura RLX sedan demonstrated an unusual way to tow another car this week: the vehicles were not physically attached. The second car drove itself, following instructions beamed over by the first in a feat of technology that indicates a new stage in automation is happening faster than many expected.