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Meta starts cutting jobs to find AI talent

Mint Kolkata

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February 12, 2025

Meta Platforms Inc. began notifying staff of job cuts on Monday, kick-starting a process that will terminate thousands of people as the company cracks down on "low-performers" and scours for new talent to dominate the artificial intelligence (AI) race.

- BLOOMBERG

Meta workers who were let go were notified via email, and the company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service, according to people familiar with the matter, who aske

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Mint Kolkata

THE ‘ZERO FOREX’ MYTH: HOW INDIANS LOSE MONEY ABROAD

Earlier this year, I was in Dubai.

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The out-of-this-world reasons for Elon Musk’s SpaceX deal

Elon Musk is creating a new narrative around SpaceX.

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‘India top PE destination for Warburg Pincus outside US’

Warburg Pincus said it is investing ‘a couple of billion dollars each year in India’

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Ikea India posts wider loss for FY25

Ikea India, part of Swedish furniture and home furnishing retailer, has reported a widening of its total loss to ₹1,325.2 crore in FY25, and its revenue from operations was also down 3.33% to ₹1,749.50 crore, according to a regulatory filing from the company.

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1 min

February 05, 2026

Mint Kolkata

Silver soars; gold jumps to ₹1.65 lakh/10g

Precious metals extended their sharp rally for the second straight day in the national capital on Wednesday, with silver prices surging to ₹2.98 lakh per kg and gold climbing to ₹1.65 lakh per 10 grams.

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1 min

February 05, 2026

Mint Kolkata

Mint Kolkata

Online ratings run into court hurdle after Chiranjeevi film

The concern is not criticism itself, which is legitimate, but distorted market signalling

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2 mins

February 05, 2026

Mint Kolkata

Mint Kolkata

Vi's ₹35,000-crore loan request faces new lender checks

Vi's ₹35,000-crore loan request faces new lender checks

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1 min

February 05, 2026

Mint Kolkata

Devyani Int halts Pizza Hut store expansions

Quick service restaurant operator Devyani International is planning to turn around its loss-making Pizza Hut business, which has proven to be an Achilles’ heel for the company over several quarters.

time to read

1 min

February 05, 2026

Mint Kolkata

Mint Kolkata

Manipur gets new CM, a year after Biren Singh quit

Veteran politician Y. Khemchand Singh was sworn in as CM on Wednesday

time to read

1 mins

February 05, 2026

Mint Kolkata

Mint Kolkata

Tracing a love story in the time of conflict

A Syrian activist and Lebanese journalist reconstruct their relationship

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2 mins

February 05, 2026

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